Timothy D. Roberts - Sep 12, 2023 Form 4 Insider Report for Phillips 66 (PSX)

Signature
/s/ Jenarae N. Garland, Attorney-in-Fact
Stock symbol
PSX
Transactions as of
Sep 12, 2023
Transactions value $
-$218,540
Form type
4
Date filed
9/13/2023, 06:02 PM
Previous filing
Aug 15, 2023
Next filing
Dec 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSX Common Stock Options Exercise $1.4M +15.7K +20.26% $89.05 93K Sep 12, 2023 Direct F1
transaction PSX Common Stock Sale -$1.61M -13K -13.95% $124.41 80K Sep 12, 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 -15.7K -33.33% $0.00 31.3K Sep 12, 2023 Common Stock 15.7K $89.05 Direct F3
* 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 $124.40 to $124.49. 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 The options became exercisable in three equal annual installments beginning on February 8, 2023.