Gary R. Petersen - Aug 13, 2021 Form 4 Insider Report for PLAINS ALL AMERICAN PIPELINE LP (PAA)

Role
Director
Signature
/s/ Ann F. Gullion, as attorney-in-fact for Gary R. Petersen
Stock symbol
PAA
Transactions as of
Aug 13, 2021
Transactions value $
$0
Form type
4
Date filed
8/17/2021, 05:45 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 +3.75K +5.82% $0.00 68.2K Aug 13, 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 -3.75K -100% $0.00* 0 Aug 13, 2021 Common Units 3.75K Direct F1, F2, F3, F4
* 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 Phantom Units vest annually on August distribution date.
F4 Upon termination of service as director, other than because of death, disability or retirement.