James R. Montague - 14 Nov 2022 Form 4 Insider Report for Magellan Midstream Partners, L.P.

Role
Director
Signature
/s/ James R. Montague
Issuer symbol
N/A
Transactions as of
14 Nov 2022
Net transactions value
-$102,437
Form type
4
Filing time
16 Nov 2022, 15:52:15 UTC
Previous filing
16 Aug 2022
Next filing
26 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MMP Common Units Sale $154,524 -2,892 -10% $53.43 25,095 15 Nov 2022 Direct F1

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 $52,087 +980 +2% $53.15 50,699 14 Nov 2022 Common Units 980 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction was executed in multiple trades at prices ranging from $53.3301 to $53.4850. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of units and prices at which the transaction was effected.
F2 Each phantom unit is the economic equivalent of one common unit.
F3 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.