Vanessa Allen Sutherland - 28 Dec 2023 Form 4 Insider Report for Phillips 66 (PSX)

Signature
/s/ Jenarae N. Garland, as Attorney-in-Fact
Issuer symbol
PSX
Transactions as of
28 Dec 2023
Net transactions value
-$163,280
Form type
4
Filing time
29 Dec 2023, 18:19:04 UTC
Previous filing
04 Dec 2023
Next filing
08 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSX Common Stock Options Exercise $329,485 +3,700 +7.8% $89.05 51,267 28 Dec 2023 Direct
transaction PSX Common Stock Sale $492,765 -3,700 -7.2% $133.18 47,567 28 Dec 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 -3,700 -10% $0.000000 31,600 28 Dec 2023 Common Stock 3,700 $89.05 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $133.17 to $133.21. 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.
F2 All securities beneficially owned represent restricted stock units.
F3 The stock options become exercisable in three equal annual installments, beginning on February 8, 2023.