Chris Herbold - Aug 14, 2023 Form 4 Insider Report for PLAINS ALL AMERICAN PIPELINE LP (PAA)

Role
Sr. VP Finance & CAO
Signature
/s/ Chris Herbold
Stock symbol
PAA
Transactions as of
Aug 14, 2023
Transactions value $
-$485,713
Form type
4
Date filed
8/16/2023, 07:18 PM
Previous filing
Aug 18, 2022
Next filing
Aug 21, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAA Common Units Options Exercise $0 +86K +103.04% $0.00 170K Aug 14, 2023 Direct
transaction PAA Common Units Tax liability -$486K -31.9K -18.79% $15.25 138K Aug 14, 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PAA Phantom Units Options Exercise $0 -86K -100% $0.00* 0 Aug 14, 2023 Common Units 86K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom Units granted under Long-Term Incentive Plan (includes distribution equivalent rights payable in cash).
F2 One common unit is deliverable, upon vesting, for each Phantom Unit that vests.