Key facts
- This page summarizes Charles Douglas Johnson's Form 4 filing for PHILLIPS 66 PARTNERS LP.
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 09 Mar 2022, 16:18.
Charles Douglas Johnson - 09 Mar 2022 Form 4 Insider Report for PHILLIPS 66 PARTNERS LP
- Reporting relationship
- Director
- Issuer ticker
- N/A
- Reported as of
- 09 Mar 2022
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 09 Mar 2022, 16:18:52 UTC
- Prior SEC filing
- 20 Jan 2022
- Source filing
- View source filing
- Reporting owner signature
- /s/ Julie P. Pradel, Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Charles Douglas Johnson filed Form 4 for PHILLIPS 66 PARTNERS LP on 09 Mar 2022.
Change
- Previous filing in this sequence was filed on 20 Jan 2022.
- Current net transaction value: $0.
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.
PSXP
transaction
Common Units
Disposed to Issuer
- Transaction value
- Shares
- -8,000
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 09 Mar 2022
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
PSXP
transaction
Derivative
Phantom Units
Disposed to Issuer
- Transaction value
- Shares
- -7,011
- Change %
- -100%
- Price
- Shares after
- 0
- Date
- 09 Mar 2022
- Ownership
- Direct
- Underlying class
- Common Units
- Underlying amount
- 7,011
- Exercise price
- Footnotes
- F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Charles Douglas Johnson is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 2 footnotes
Footnote F1
Pursuant to that certain Agreement and Plan of Merger dated October 26, 2021 (the "Merger Agreement") by and among the Issuer, Phillips 66, Phoenix Sub LLC, a Delaware limited liability company and jointly owned subsidiary of P66 Company and P66 PDI ("Merger Sub") and the other parties thereto, on March 9, 2022, Merger Sub merged with and into the Issuer, with the Issuer surviving as an indirect, wholly owned subsidiary of Phillips 66 (the "Merger"). At the effective time of the Merger (the "Effective Time"), each outstanding Common Unit held by the Reporting Person was converted into the right to receive 0.500 shares (the "Exchange Ratio") of common stock, par value $0.01 per share, of Phillips 66 (the "Merger Consideration").
Footnote F2
At the Effective Time, each of the outstanding equity awards held the Reporting Person became fully vested and automatically converted into the right to receive, with respect to each Common Unit subject thereto, the Merger Consideration (or, to the extent set forth under the terms of the applicable award, cash in an amount equal to the value of the Merger Consideration based on the closing price of a share of Phillips 66 Common Stock as of the closing date of the Merger) plus any accrued but unpaid amounts in relation to distribution equivalent rights.