Edward J. Guay - Nov 14, 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
Nov 14, 2022
Transactions value $
$26,681
Form type
4
Date filed
11/16/2022, 03:50 PM
Previous filing
Oct 5, 2022
Next filing
Feb 10, 2023

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 $26.7K +502 +1.97% $53.15 26K Nov 14, 2022 Common Units 502 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.