Chansoo Joung - 01 Jul 2021 Form 4 Insider Report for Magellan Midstream Partners, L.P. (MMP)

Role
Director
Signature
/s/ Chansoo Joung
Issuer symbol
MMP
Transactions as of
01 Jul 2021
Net transactions value
+$30,490
Form type
4
Filing time
06 Jul 2021, 14:55:45 UTC
Previous filing
01 Jul 2021
Next filing
12 Aug 2021
SEC
View on sec.gov

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 MMP Phantom Units Award $30,490 +622 +8.9% $49.02 7,595 01 Jul 2021 Common Units 622 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom unit is the economic equivalent of one common unit.
F2 The phantom units become payable in cash or common units upon the reporting person's termination of service as a director in accordance with the terms of the Director Deferred Compensation Plan.