MICHAEL N. MEARS - 26 Jan 2022 Form 4 Insider Report for Magellan Midstream Partners, L.P.

Role: President & CEO, Director
Signature: /s/ Michael N. Mears
Issuer symbol: N/A
Transactions as of: 26 Jan 2022
Net transactions value: +$2,939,482
Form type: 4
Filing time: 28 Jan 2022, 15:21:57 UTC
Previous filing: 04 Jan 2022
Next filing: 04 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MMP	Common Units	Options Exercise	$3,005,922	+64,727	+31%	$46.44	274,182	26 Jan 2022	Direct
transaction	MMP	Common Units	Tax liability	$1,328,927	-28,616	-10%	$46.44	245,566	26 Jan 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	$1,437,829	+30,961	+22%	$46.44	173,510	26 Jan 2022	Common Units	30,961		Direct	F1
transaction	MMP	Phantom Units	Options Exercise	$3,005,922	-64,727	-37%	$46.44	108,783	26 Jan 2022	Common Units	64,727		Direct	F1
transaction	MMP	Phantom Units	Award	$2,830,580	+60,612	+56%	$46.70	169,395	26 Jan 2022	Common Units	60,612		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