Key facts
- This page summarizes Don Baldridge's Form 4 filing for DCP Midstream, LP.
- 4 reported transactions and 3 derivative rows are listed below.
- Accepted by SEC: 16 Jun 2023, 13:58.
Don Baldridge - 15 Jun 2023 Form 4 Insider Report for DCP Midstream, LP
- Reporting relationship
- Interim CEO
- Issuer ticker
- N/A
- Reported as of
- 15 Jun 2023
- Net transaction value
- -$1,601,238
- SEC form
- 4
- Accepted by SEC
- 16 Jun 2023, 13:58:35 UTC
- Prior SEC filing
- 07 Mar 2023
- Next SEC filing
- 05 Jun 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jenarae N. Garland, Attorney-in-Fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Don Baldridge filed Form 4 for DCP Midstream, LP on 16 Jun 2023.
Change
- Previous filing in this sequence was filed on 07 Mar 2023.
- Current net transaction value: -$1,601,238.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DCP
transaction
Common Units
Disposed to Issuer
- Transaction value
- $1,601,238
- Shares
- -38,353
- Change %
- -100%
- Price
- $41.75
- Shares after
- 0
- Date
- 15 Jun 2023
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
DCP
transaction
Derivative
Phantom Common Units
Disposed to Issuer
- Transaction value
- $0
- Shares
- -39,750
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 15 Jun 2023
- Ownership
- Direct
- Underlying class
- Common Units
- Underlying amount
- 39,750
- Exercise price
- Footnotes
- F2, F3
DCP
transaction
Derivative
Restricted Phantom Units
Disposed to Issuer
- Transaction value
- $0
- Shares
- -24,980
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 15 Jun 2023
- Ownership
- Direct
- Underlying class
- Common Units
- Underlying amount
- 24,980
- Exercise price
- Footnotes
- F4, F5
DCP
transaction
Derivative
Restricted Phantom Units
Disposed to Issuer
- Transaction value
- $0
- Shares
- -19,010
- Change %
- -100%
- Price
- $0.000000*
- Shares after
- 0
- Date
- 15 Jun 2023
- Ownership
- Direct
- Underlying class
- Common Units
- Underlying amount
- 19,010
- Exercise price
- Footnotes
- F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Pursuant to the Agreement and Plan of Merger, dated as of January 5, 2023 (the "Merger Agreement"), by and among Phillips 66 and DCP Midstream, LP (the "Issuer") and the other parties thereto, Phillips 66 acquired all of the outstanding common units representing limited partnership interests in the Issuer not already held by Phillips 66 or its affiliated entities (the "Public Common Units") via a merger of the Issuer and an indirect, wholly-owned subsidiary of Phillips 66. Pursuant to the Merger Agreement, each Public Common Unit converted into the right to receive $41.75 in cash per Public Common Unit at the effective time of the merger.
Footnote F2
Each phantom common unit ("PCU") was the economic equivalent of one Issuer common unit.
Footnote F3
Represented holdings of PCUs that were within the Issuer's executive deferred compensation plan at the effective time of the merger.
Footnote F4
Each restricted phantom unit ("RPU") was the economic equivalent of one Issuer common unit.
Footnote F5
Pursuant to the Merger Agreement, each outstanding RPU award was converted at the effective time of the merger into a Phillips 66 restricted stock unit award covering a number of restricted stock units equal to the product of (1) the number of common units subject to the corresponding RPU award, multiplied by (2) the award exchange ratio, rounded up to the nearest whole share. The Phillips 66 restricted stock unit award was issued with the same terms and conditions as were applicable to the RPU award, to the extent practicable.