Chris R. Chandler - 14 May 2021 Form 4 Insider Report for PLAINS ALL AMERICAN PIPELINE LP (PAA)

Role
EVP & COO
Signature
/s/ Chris R. Chandler
Issuer symbol
PAA
Transactions as of
14 May 2021
Net transactions value
-$308,618
Form type
4
Filing time
18 May 2021, 16:09:56 UTC
Next filing
23 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAA Common Units Options Exercise $0 +45,000 +81% $0.000000 100,632 14 May 2021 Direct
transaction PAA Common Units Tax liability $160,901 -16,074 -16% $10.01 84,558 14 May 2021 Direct
transaction PAA Common Units Options Exercise $0 +37,500 +44% $0.000000 122,058 14 May 2021 Direct
transaction PAA Common Units Tax liability $147,718 -14,757 -12% $10.01 107,301 14 May 2021 Direct

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 PAA Phantom Units Options Exercise $0 -45,000 -50% $0.000000 45,000 14 May 2021 Common Units 45,000 Direct F1, F2, F3
transaction PAA Phantom Units Options Exercise $0 -37,500 -100% $0.000000* 0 14 May 2021 Common Units 37,500 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom Units granted under Long-Term Incentive Plan (includes distribution equivalent rights payable in cash).
F2 One common unit is deliverable, upon vesting, for each Phantom Unit that vests.
F3 N/A