Paula Ann Johnson - Jun 7, 2022 Form 4 Insider Report for Phillips 66 (PSX)

Signature
Julie P. Pradel, Attorney in Fact
Stock symbol
PSX
Transactions as of
Jun 7, 2022
Transactions value $
-$1,591,340
Form type
4
Date filed
6/8/2022, 05:18 PM
Previous filing
Feb 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSX Common Stock Options Exercise $1.42M +19.6K +19.12% $72.26 122K Jun 7, 2022 Direct F1
transaction PSX Common Stock Options Exercise $1.86M +25.1K +20.56% $74.14 147K Jun 7, 2022 Direct F1
transaction PSX Common Stock Sale -$4.87M -44.7K -30.37% $108.91 102K Jun 7, 2022 Direct F1, F2

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 -19.6K -100% $0.00* 0 Jun 7, 2022 Common Stock 19.6K $72.26 Direct F3
transaction PSX Stock Options (Right to Buy) Options Exercise $0 -25.1K -100% $0.00* 0 Jun 7, 2022 Common Stock 25.1K $74.14 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 $108.62 to $109.02. 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 The stock options became exercisable in three equal annual installments beginning on February 6, 2015.
F4 The stock options became exercisable in three equal annual installments beginning on February 3, 2016.