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

Role
EVP & COO
Signature
/s/ Chris R. Chandler
Stock symbol
PAA
Transactions as of
May 14, 2021
Transactions value $
-$308,618
Form type
4
Date filed
5/18/2021, 04:09 PM
Next filing
Aug 23, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAA Common Units Options Exercise $0 +45K +80.89% $0.00 101K May 14, 2021 Direct
transaction PAA Common Units Tax liability -$161K -16.1K -15.97% $10.01 84.6K May 14, 2021 Direct
transaction PAA Common Units Options Exercise $0 +37.5K +44.35% $0.00 122K May 14, 2021 Direct
transaction PAA Common Units Tax liability -$148K -14.8K -12.09% $10.01 107K May 14, 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 -45K -50% $0.00 45K May 14, 2021 Common Units 45K Direct F1, F2, F3
transaction PAA Phantom Units Options Exercise $0 -37.5K -100% $0.00* 0 May 14, 2021 Common Units 37.5K 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