GREGORY HAYES - 01 Feb 2023 Form 4 Insider Report for Phillips 66 (PSX)

Role
Director
Signature
/s/ Jenarae N. Garland, Attorney-in-Fact
Issuer symbol
PSX
Transactions as of
01 Feb 2023
Net transactions value
+$1,001,938
Form type
4
Filing time
02 Feb 2023, 17:00:20 UTC
Previous filing
19 Jan 2023
Next filing
07 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSX Common Stock Award $0 +114 +2.9% $0.000000 4,049 01 Feb 2023 Direct F1, F2, F3
transaction PSX Common Stock Purchase $1,001,938 +10,250 +253% $97.75 14,299 02 Feb 2023 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person elected to receive Restricted Stock Units (RSUs) in lieu of his annual cash retainer, which retainer is paid in monthly installments. RSUs convert to Phillips 66 common stock on a 1-for-1 basis. The restrictions on the RSUs lapse after retirement, disability or death of the non-employee director.
F2 All securities beneficially owned represent RSUs.
F3 Includes shares acquired through routine dividend transactions that are exempt under Rule 16a-11.
F4 Includes 4,048.5046 RSUs, including shares acquired through routine dividend transactions that are exempt under Rule 16a-11.