Willie CW Chiang - May 14, 2021 Form 4 Insider Report for PLAINS ALL AMERICAN PIPELINE LP (PAA)

Role
Chairman and CEO, Director
Signature
/s/ Ann F. Gullion, as attorney-in-fact for Willie CW Chiang
Stock symbol
PAA
Transactions as of
May 14, 2021
Transactions value $
-$98,478
Form type
4
Date filed
5/18/2021, 04:18 PM
Next filing
Aug 17, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAA Common Units Options Exercise $0 +25K +9.55% $0.00 287K May 14, 2021 Direct
transaction PAA Common Units Tax liability -$98.5K -9.84K -3.43% $10.01 277K 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 -25K -100% $0.00* 0 May 14, 2021 Common Units 25K 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