Timothy D. Roberts - 11 Aug 2023 Form 4 Insider Report for Phillips 66 (PSX)

Role
Executive Vice President
Signature
/s/ Jenarae N. Garland, Attorney-in-Fact
Issuer symbol
PSX
Transactions as of
11 Aug 2023
Net transactions value
-$1,752,010
Form type
4
Filing time
15 Aug 2023, 18:34:07 UTC
Previous filing
09 Feb 2023
Next filing
13 Sep 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 Options Exercise $2,456,615 +25,900 +48% $94.85 80,158 11 Aug 2023 Direct F1
transaction PSX Common Stock Options Exercise $2,991,476 +31,500 +39% $94.97 111,658 11 Aug 2023 Direct F1
transaction PSX Common Stock Options Exercise $4,344,145 +48,500 +43% $89.57 160,158 11 Aug 2023 Direct F1
transaction PSX Common Stock Options Exercise $3,341,555 +44,733 +28% $74.70 204,891 11 Aug 2023 Direct F1
transaction PSX Common Stock Sale $14,885,801 -127,578 -62% $116.68 77,313 11 Aug 2023 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 Employee Stock Option (Right to Buy) Options Exercise $0 +25,900 $0.000000* 0 11 Aug 2023 Common Stock 25,900 $94.85 Direct F3
transaction PSX Employee Stock Option (Right to Buy) Options Exercise $0 +31,500 $0.000000* 0 11 Aug 2023 Common Stock 31,500 $94.97 Direct F4
transaction PSX Employee Stock Option (Right to Buy) Options Exercise $0 +48,500 $0.000000* 0 11 Aug 2023 Common Stock 48,500 $89.57 Direct F5
transaction PSX Employee Stock Option (Right to Buy) Options Exercise $0 +44,733 $0.000000 22,367 11 Aug 2023 Common Stock 44,733 $74.70 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 32,822 Restricted Stock Units that settle for shares of Phillips 66 common stock on a 1-for-1 basis.
F2 The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $116.30 to $116.90. 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 transactions were effected.
F3 The options became exercisable in three equal annual installments beginning on February 6, 2019.
F4 The options became exercisable in three equal annual installments beginning on February 5, 2020.
F5 The options became exercisable in three equal annual installments beginning on February 4, 2021.
F6 The options become exercisable in three equal annual installments. One-third of the options became exercisable on February 9, 2022, and an additional one-third on February 9, 2023. The remaining one-third of the options will become exercisable on February 9, 2024.