Timothy D. Roberts - Feb 24, 2022 Form 4 Insider Report for Phillips 66 (PSX)

Role
Executive Vice President
Signature
Julie P. Pradel, Attorney in Fact
Stock symbol
PSX
Transactions as of
Feb 24, 2022
Transactions value $
-$23,449
Form type
4
Date filed
4/6/2022, 05:23 PM
Previous filing
Feb 10, 2022
Next filing
Jun 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSX Common Stock Tax liability -$23.4K -383 -0.79% $61.23 48.2K Feb 24, 2022 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Transaction represents the withholding of shares by the Issuer to satisfy FICA taxes arising from the reporting person being eligible for normal retirement. The withholding was not reported timely to the Reporting Person due to an inadvertent administrative error.
F2 The price reflected above is the average of the high and the low price of the Company's stock on August 4, 2020, which was the date on which FICA should have been collected in connection with this restriction lapse.
F3 Includes 32,980 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.