Clifford Todd Denton - Jun 15, 2023 Form 4 Insider Report for DCP Midstream, LP (DCP)

Role
Director
Signature
/s/ Jenarae N. Garland, Attorney-in-Fact
Stock symbol
DCP
Transactions as of
Jun 15, 2023
Transactions value $
-$114,813
Form type
4
Date filed
6/16/2023, 01:59 PM
Previous filing
Aug 25, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DCP Common Units Disposed to Issuer -$115K -2.75K -100% $41.75 0 Jun 15, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Pursuant to the Agreement and Plan of Merger, dated as of January 5, 2023 (the "Merger Agreement"), by and among Phillips 66 and DCP Midstream, LP (the "Issuer") and the other parties thereto, Phillips 66 acquired all of the outstanding common units representing limited partnership interests in the Issuer not already held by Phillips 66 or its affiliated entities (the "Public Common Units") via a merger of the Issuer and a wholly-owned subsidiary of Phillips 66. Pursuant to the Merger Agreement, each Public Common Unit converted into the right to receive $41.75 in cash per Public Common Unit at the effective time of the merger.