Douglas J. May - Jan 26, 2022 Form 4 Insider Report for Magellan Midstream Partners, L.P. (MMP)

Role: Senior Vice President
Signature: /s/ Douglas J. May
Stock symbol: MMP
Transactions as of: Jan 26, 2022
Transactions value $: $648,180
Form type: 4
Date filed: 1/28/2022, 03:17 PM
Next filing: Jan 26, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MMP	Common Units	Options Exercise	$668K	+14.4K	+27.75%	$46.44	66.2K	Jan 26, 2022	Direct
transaction	MMP	Common Units	Tax liability	-$200K	-4.31K	-6.5%	$46.44	61.9K	Jan 26, 2022	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	MMP	Phantom Units	Award	$320K	+6.88K	+26.93%	$46.44	32.4K	Jan 26, 2022	Common Units	6.88K		Direct	F1
transaction	MMP	Phantom Units	Options Exercise	-$668K	-14.4K	-44.35%	$46.44	18.1K	Jan 26, 2022	Common Units	14.4K		Direct	F1
transaction	MMP	Phantom Units	Award	$529K	+11.3K	+62.68%	$46.70	29.4K	Jan 26, 2022	Common Units	11.3K		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	One-for-One