Edward J. Guay - Jan 3, 2022 Form 4 Insider Report for Magellan Midstream Partners, L.P. (MMP)

Role
Director
Signature
/s/ Edward J. Guay
Stock symbol
MMP
Transactions as of
Jan 3, 2022
Transactions value $
$156,025
Form type
4
Date filed
1/5/2022, 03:08 PM
Previous filing
Nov 16, 2021
Next filing
Jan 28, 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 $156K +3.34K +18.07% $46.70 21.8K Jan 3, 2022 Common Units 3.34K 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.