Zhanna Golodryga - Jan 2, 2024 Form 4 Insider Report for Phillips 66 (PSX)

Role
Executive Vice President
Signature
/s/ Jenarae N. Garland, as Attorney-in-Fact
Stock symbol
PSX
Transactions as of
Jan 2, 2024
Transactions value $
-$1,466,547
Form type
4
Date filed
1/4/2024, 07:14 PM
Previous filing
Dec 5, 2023
Next filing
Feb 8, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSX Common Stock Options Exercise $979K +12.5K +49.98% $78.61 37.4K Jan 2, 2024 Direct F1
transaction PSX Common Stock Sale -$1.68M -12.5K -33.32% $135.09 24.9K Jan 2, 2024 Direct F1, F2
transaction PSX Common Stock Options Exercise $1.15M +12.1K +48.55% $94.85 37K Jan 2, 2024 Direct F1
transaction PSX Common Stock Sale -$1.63M -12.1K -32.68% $135.09 24.9K Jan 2, 2024 Direct F1, F3
transaction PSX Common Stock Options Exercise $318K +4.05K +16.25% $78.61 29K Jan 3, 2024 Direct F1
transaction PSX Common Stock Sale -$547K -4.05K -13.98% $135.00 24.9K Jan 3, 2024 Direct F1
transaction PSX Common Stock Options Exercise $114K +1.2K +4.83% $94.85 26.1K Jan 3, 2024 Direct F1
transaction PSX Common Stock Sale -$163K -1.2K -4.61% $135.00 24.9K Jan 3, 2024 Direct F1
holding PSX Common Stock 512 Jan 2, 2024 Phillips 66 401K Savings Plan F4

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 -12.5K -75.46% $0.00 4.05K Jan 2, 2024 Common Stock 12.5K $78.61 Direct F5
transaction PSX Employee Stock Option (Right to Buy) Options Exercise $0 -12.1K -90.95% $0.00 1.2K Jan 2, 2024 Common Stock 12.1K $94.85 Direct F6
transaction PSX Employee Stock Option (Right to Buy) Options Exercise $0 -4.05K -100% $0.00* 0 Jan 3, 2024 Common Stock 4.05K $78.61 Direct F5
transaction PSX Employee Stock Option (Right to Buy) Options Exercise $0 -1.2K -100% $0.00* 0 Jan 3, 2024 Common Stock 1.2K $94.85 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 Includes 15,745 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 $135 to $135.25. 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 price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $135 to $135.24. 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.
F4 Includes shares acquired through ongoing acquisitions under a 401(k) plan and/or routine dividend transactions that are exempt under rule 16a-11.
F5 The options became exercisable in three equal annual installments beginning on April 3, 2018.
F6 The options became exercisable in three equal annual installments beginning on February 6, 2019.