Key facts
- This page summarizes Mark Haney's Form 4 filing for PHILLIPS 66 PARTNERS LP.
- 5 reported transactions and 2 derivative rows are listed below.
- Accepted by SEC: 20 Jan 2022, 17:32.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Options Exercise
Disposed to Issuer
Purchase
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Options Exercise
Award
Additional SEC filing notes
Footnote F1
These transactions do not represent the actual purchase and sale of common units by the reporting person. In accordance reporting requirements, they represent the cash settlement of a phantom unit award.
Footnote F2
The price reflected above is the average of the high and the low price of the Company's common unit on January 14, 2022.
Footnote F3
In accordance with Rule 10b5-1, on November 25, 2018, the reporting person gave instructions to purchase common units with the cash payment received upon settlement of the 1,650 phantom units reported on this Form 4.
Footnote F4
The price of $43.5333 is a weighted average price. These units were acquired in multiple transactions at prices ranging from $44.529 - $44.54. 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.
Footnote F5
Each phantom unit is the economic equivalent of one common unit of Phillips 66 Partners LP.
Footnote F6
The phantom units do not have an expiration date.
Footnote F7
The plan actually dictates January 15th as the grant date, but due to that being a holiday weekend, the reporting person was not notified of the transaction until the 20th, which is the transaction date per Rule 16a-3(g).
Footnote F8
Annual grant to non-employee directors of phantom units.