Don Baldridge - 03 Mar 2023 Form 4 Insider Report for DCP Midstream, LP

Signature
/s/ Kamal K. Gala, Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
03 Mar 2023
Net transactions value
+$737,649
Form type
4
Filing time
07 Mar 2023, 17:43:40 UTC
Previous filing
19 Dec 2022
Next filing
16 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DCP Common Units Options Exercise $1,104,970 +26,460 +128% $41.76 47,149 03 Mar 2023 Direct F1
transaction DCP Common Units Tax liability $367,321 -8,796 -19% $41.76 38,353 03 Mar 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 DCP Restricted Phantom Units Options Exercise $0 -26,460 -38% $0.000000 43,990 03 Mar 2023 Common Units 26,460 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Based on the DCP common unit closing price on 2/24/2023.
F2 The reporting person satisfied the withholding tax liability by withholding common units.
F3 Each restricted phantom unit is the economic equivalent of one DCP common unit.
F4 Under the Company's Long-Term Incentive Plan, the restricted phantom units reported herein vested on 02/27/2023 and settled as of 03/03/2023.