SEC Form 4 · accession 0001209191-18-055555
ANDEAVOR LOGISTICS LP · ANDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Don J Sorensen
Officer — President
Period of report
Oct 16, 2018
Accepted (ET)
Oct 18, 2018 · 4:41 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001507615
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units (Limited Partner Interests)F1 | Oct 16, 2018 | A | 23,758 | — | A | 28,699 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Due to the change in control of the Issuer's general partner (pursuant to the Agreement and Plan of Merger, dated as of April 29, 2018, by and among Andeavor, Marathon Petroleum Corporation, Mahi Inc. and Mahi LLC (now known as Andeavor LLC), as amended), the performance phantom unit awards previously granted under the Issuer's 2011 Long-Term Incentive Plan were converted into time-based awards based on the greater of target or actual performance of the original awards as certified by the Board of Directors of the general partner. The vesting terms of the converted awards are unchanged from the original awards.
Remarks
Exhibit List: Exhibit 24 Power of Attorney The Reporting Person is President of Tesoro Logistics GP, LLC, the general partner of the Issuer. The Issuer is managed by the directors and executive officers of Tesoro Logistics GP, LLC.