SEC Form 4 · accession 0001507615-18-000016
ANDEAVOR LOGISTICS LP · ANDX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Don J Sorensen
Officer — SVP, Operations
Period of report
Jan 18, 2018
Accepted (ET)
Jan 22, 2018 · 6:45 pm EST
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 UnitsF1 | Jan 18, 2018 | A | 5,110 | — | A | 6,287 | D | |
| Common UnitsF2 | Jan 18, 2018 | F | 1,346 | $52.40 | D | 4,941 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Vesting and settlement of performance phantom units previously granted under the Issuer's 2011 Long-Term Incentive Plan. The performance phantom units vested on December 31, 2017, the end of the three-year performance period, and were settled in common units upon certification by a committee of the Board of Directors.
- F2These common units were automatically withheld by the Issuer to satisfy tax withholding obligations associated with the settlement of the award described in footnote 1.