Don Baldridge - Mar 3, 2023 Form 4 Insider Report for DCP Midstream, LP (DCP)

Role
Interim CEO
Signature
/s/ Kamal K. Gala, Attorney-in-Fact
Stock symbol
DCP
Transactions as of
Mar 3, 2023
Transactions value $
$737,649
Form type
4
Date filed
3/7/2023, 05:43 PM
Previous filing
Dec 19, 2022
Next filing
Jun 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction DCP Common Units Options Exercise $1.1M +26.5K +127.89% $41.76 47.1K Mar 3, 2023 Direct F1
transaction DCP Common Units Tax liability -$367K -8.8K -18.66% $41.76 38.4K Mar 3, 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 -26.5K -37.56% $0.00 44K Mar 3, 2023 Common Units 26.5K 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.