Aaron L. Milford - Jan 26, 2022 Form 4 Insider Report for Magellan Midstream Partners, L.P. (MMP)

Role
Chief Operating Officer
Signature
/s/ Aaron L. Milford
Stock symbol
MMP
Transactions as of
Jan 26, 2022
Transactions value $
$1,647,738
Form type
4
Date filed
1/28/2022, 03:22 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 $1.14M +24.6K +50.78% $46.44 73.1K Jan 26, 2022 Direct
transaction MMP Common Units Tax liability -$359K -7.73K -10.58% $46.44 65.4K 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 $547K +11.8K +23.55% $46.44 61.8K Jan 26, 2022 Common Units 11.8K Direct F1
transaction MMP Phantom Units Options Exercise -$1.14M -24.6K -39.85% $46.44 37.2K Jan 26, 2022 Common Units 24.6K Direct F1
transaction MMP Phantom Units Award $1.06M +22.7K +61.04% $46.70 59.9K Jan 26, 2022 Common Units 22.7K Direct F1
transaction MMP Phantom Units Award $400K +8.57K +14.32% $46.70 68.4K Jan 26, 2022 Common Units 8.57K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-for-One
F2 Effective upon Mr. Milford's promotion to Chief Executive Officer and President on May 1, 2022.