Edward J. Guay - Jul 1, 2021 Form 4 Insider Report for Magellan Midstream Partners, L.P. (MMP)

Role
Director
Signature
/s/ Edward J. Guay
Stock symbol
MMP
Transactions as of
Jul 1, 2021
Transactions value $
$30,539
Form type
4
Date filed
7/6/2021, 02:56 PM
Previous filing
May 18, 2021
Next filing
Aug 17, 2021

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 $30.5K +623 +3.78% $49.02 17.1K Jul 1, 2021 Common Units 623 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.