SEC Form 4 · accession 0001209191-15-070017
Phillips 66 · PSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Sep 4, 2015
Accepted (ET)
Sep 9, 2015 · 7:51 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001534701
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Sep 4, 2015 | P | 977,793 | $77.1707 | A | 58,953,249 | I | See footnotes |
| Common StockF4,F2,F3 | Sep 4, 2015 | P | 12,400 | $77.8109 | A | 58,965,649 | I | See footnotes |
| Common StockF5,F2,F3 | Sep 8, 2015 | P | 328,737 | $77.5856 | A | 59,294,386 | I | See footnotes |
| Common StockF6,F2,F3 | Sep 8, 2015 | P | 375,345 | $78.6384 | A | 59,669,731 | I | See footnotes |
| Common StockF7,F2,F3 | Sep 8, 2015 | P | 504,374 | $79.6866 | A | 60,174,105 | I | See footnotes |
| Common StockF8,F2,F3 | Sep 9, 2015 | P | 323,744 | $80.6241 | A | 60,497,849 | I | See footnotes |
| Common StockF9,F2,F3 | Sep 9, 2015 | P | 468,487 | $81.4993 | A | 60,966,336 | I | See footnotes |
| Common StockF10,F2,F3 | Sep 9, 2015 | P | 520,590 | $82.1966 | A | 61,486,926 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $76.71 to $77.70. The reporting person undertakes to provide Phillips 66, any security holder of Phillips 66, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 1 and 4 through 10 to this Form 4.
- F10The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $81.96 to $82.74.
- F255,384,926 of the total reported securities are owned by the following subsidiaries of Berkshire Hathaway Inc. ("Berkshire"): National Indemnity Company (52,863,649), National Liability & Fire Insurance Company (1,266,000), Berkshire Hathaway Assurance Corp. (1,133,277) and Brilliant National Services (122,000). As Berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of Common Stock presently owned by each of these subsidiaries. Warren E. Buffett, as the controlling stockholder of Berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares of Common Stock presently owned by each such subsidiary. Mr. Buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F36,102,000 of the total reported securities are owned by the following pension plans of Berkshire's subsidiaries: FlightSafety International Inc. Retirement Income Plan (350,000), Fruit of the Loom Pension Trust (921,300), GEICO Corporation Pension Plan Trust (2,499,700), Johns Manville Corporation Master Pension Trust (2,187,000), and General Re Corp. Employee Retirement Trust (144,000). Each of Berkshire, Mr. Buffett and these pension plans disclaim beneficial ownership in such shares.
- F4The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $77.71 to $77.97.
- F5The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $77.01 to $78.00.
- F6The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $78.01 to $79.00.
- F7The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $79.01 to $79.95.
- F8The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $79.96 to $80.95.
- F9The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $80.96 to $81.955.