Paula Ann Johnson - Feb 10, 2022 Form 4 Insider Report for Phillips 66 (PSX)

Role
Executive VP and Gen Counsel
Signature
Julie P. Pradel, Attorney in Fact
Stock symbol
PSX
Transactions as of
Feb 10, 2022
Transactions value $
-$334,278
Form type
4
Date filed
2/11/2022, 04:51 PM
Previous filing
Oct 7, 2021
Next filing
Jun 8, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSX Common Stock Options Exercise $746K +12K +11.71% $62.17 114K Feb 10, 2022 Direct F1
transaction PSX Common Stock Sale -$1.08M -12K -10.48% $90.03 102K Feb 10, 2022 Direct F1, F2
holding PSX Common Stock 1.36K Feb 10, 2022 By Phillips 66 Savings Plan F3

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 PSX Stock Options (Right to Buy) Options Exercise $0 -12K -100% $0.00* 0 Feb 10, 2022 Common Stock 12K $62.17 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 26,373 Restricted Stock Units (RSUs) that settle for shares of Phillips 66 common stock on a 1-for-1 basis on the third anniversary of the date of grant.
F2 The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $89.99 to $90.03. 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 shares and prices at which the transaction was effected.
F3 Includes shares acquired through on-going acquisitions under 401(k) plan and/or routine dividend transactions that are exempt under rule 16a-11.
F4 The stock options became exercisable in three equal annual installments beginning on February 7,2014.

Remarks:

Ms. Johnson retired from Phillips 66 effective January 17, 2022