Filing Details
- Accession Number:
- 0001534701-22-000028
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2022-01-20 18:32:35
- Reporting Period:
- 2022-01-20
- Accepted Time:
- 2022-01-20 18:32:35
- SEC Url:
- Form 4 Filing
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 |
|---|---|---|---|---|---|---|---|
| 1582073 | Mark Haney | 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 | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Units (Limited Partner Interests) | Acquisiton | 2022-01-20 | 1,650 | $0.00 | 34,127 | No | 4 | M | Direct | |
| Common Units (Limited Partner Interests) | Disposition | 2022-01-20 | 1,650 | $43.96 | 32,477 | No | 4 | D | Direct | |
| Common Units (Limited Partner Interests) | Acquisiton | 2022-01-20 | 1,623 | $44.53 | 34,100 | No | 4 | P | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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 (Limited Partner Interests) | Phantom Units | Disposition | 2022-01-20 | 1,650 | $0.00 | 1,650 | $0.00 |
| Common Units (Limited Partner Interests) | 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 | 2025-01-14 | 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 25, 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.
- The price of $43.5333 is a weighted average price. These units were acquired in multiple transactions at prices ranging from $44.529 - $44.54. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of units and prices at which the transaction was effected.
- 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.
Billionaire Hedge Funds
