Edward J. Guay - Nov 12, 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
Nov 12, 2021
Transactions value $
$18,753
Form type
4
Date filed
11/16/2021, 03:59 PM
Previous filing
Oct 5, 2021
Next filing
Jan 5, 2022

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 $18.8K +381 +2.1% $49.22 18.5K Nov 12, 2021 Common Units 381 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.