Gregory Hayes - Feb 1, 2023 Form 4 Insider Report for Phillips 66 (PSX)

Role
Director
Signature
/s/ Jenarae N. Garland, Attorney-in-Fact
Stock symbol
PSX
Transactions as of
Feb 1, 2023
Transactions value $
$1,001,938
Form type
4
Date filed
2/2/2023, 05:00 PM
Previous filing
Jan 19, 2023
Next filing
Feb 7, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSX Common Stock Award $0 +114 +2.9% $0.00 4.05K Feb 1, 2023 Direct F1, F2, F3
transaction PSX Common Stock Purchase $1M +10.3K +253.18% $97.75 14.3K Feb 2, 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.