Greg C. Garland - 09 Jun 2022 Form 4 Insider Report for Phillips 66 (PSX)

Signature
Debra M. Green as Attorney-in-Fact
Issuer symbol
PSX
Transactions as of
09 Jun 2022
Net transactions value
-$5,218,031
Form type
4
Filing time
13 Jun 2022, 17:13:04 UTC
Previous filing
19 May 2022
Next filing
10 Aug 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSX Common Stock Options Exercise $10,875,604 +146,700 +22% $74.14 803,263 09 Jun 2022 Direct F1
transaction PSX Common Stock Sale $16,093,635 -146,700 -18% $109.70 656,563 09 Jun 2022 Direct F1, F2
holding PSX Common Stock 19,710 09 Jun 2022 By Phillips 66 Savings Plan F3
holding PSX Common Stock 500 09 Jun 2022 Executor of father's estate

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 Employee Stock Option (Right to Buy) Options Exercise $0 -146,700 -100% $0.000000* 0 09 Jun 2022 Common Stock 146,700 $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 104,553 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 $108.63 to $110.35. 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 February 3, 2016.