Home > Insider Trading > Filing (0001534701-22-000026)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1572910	Phillips 66 Partners Lp	PSXP	Pipe Lines (No Natural Gas) (4610)	383899432

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1682473	David Phillip Bairrington	2331 Citywest Blvd. Houston TX 77042		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Units (Limited Partner Interests)	Acquisiton	2022-01-20	1,650	$0.00	45,348	No	4	M	Direct
Common Units (Limited Partner Interests)	Disposition	2022-01-20	1,650	$43.96	43,698	No	4	D	Direct
Common Units (Limited Partner Interests)	Acquisiton	2022-01-20	1,630	$44.46	45,328	No	4	P	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	D	Direct
No	4	P	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Units	Phantom Units	Disposition	2022-01-20	1,650	$0.00	1,650	$0.00
Common Units	Phantom Units	Acquisiton	2022-01-20	2,389	$0.00	2,389	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2022-01-15		No	4	M	Direct
2,389			No	4	A	Direct

Footnotes

These transactions do not represent the actual purchase and sale of common units by the reporting person. In accordance reporting requirements, they represent the cash settlement of a phantom unit award.
The price reflected above is the average of the high and the low price of the Company's common unit on January 14, 2022.
In accordance with Rule 10b5-1, on November 14, 2018, the reporting person gave instructions to purchase common units with the cash payment received upon settlement of the 1,650 phantom units reported on this Form 4.
Each phantom unit is the economic equivalent of one common unit of Phillips 66 Partners LP.
The phantom units do not have an expiration date.
The plan actually dictates January 15th as the grant date, but due to that being a holiday weekend, the reporting person was not notified of the transaction until the 20th, which is the transaction date per Rule 16a-3(g).
Annual grant to non-employee directors of phantom units.
Phantom units vest on the third anniversary of the grant.