SEC Form 4 · accession 0001534701-15-000079
Phillips 66 · PSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence Michael Ziemba
Officer — Executive VP, Refining
Period of report
Nov 4, 2015
Accepted (ET)
Nov 6, 2015 · 12:45 pm EST
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 Stock | Nov 4, 2015 | M | 8,563 | $35.38 | A | 16,772 | D | |
| Common Stock | Nov 4, 2015 | M | 20,811 | $20.27 | A | 37,583 | D | |
| Common Stock | Nov 4, 2015 | M | 45,093 | $21.56 | A | 82,676 | D | |
| Common StockF1 | Nov 4, 2015 | S | 74,467 | $93.3752 | D | 8,209 | D | |
| Restricted Stock UnitsF2 | holding | — | — | — | 21,902 | D | ||
| Common StockF3 | holding | — | — | — | 2,420 | I | By Phillips 66 Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy) | $35.38 | Nov 4, 2015 | M | 8,563 | D | Feb 14, 2011 | Feb 14, 2018 | Common Stock | 8,563 | 0 | D |
| Employee Stock Option (Right to Buy) | $20.27 | Nov 4, 2015 | M | 20,811 | D | Feb 12, 2012 | Feb 12, 2019 | Common Stock | 20,811 | 0 | D |
| Employee Stock Option (Right to Buy) | $21.56 | Nov 4, 2015 | M | 45,093 | D | Feb 12, 2013 | Feb 12, 2020 | Common Stock | 45,093 | 0 | D |
Explanation of responses
- F1The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.71 to $93.70. 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 shares and prices at which the transaction was effected.
- F2Restricted Stock Units settle for shares of Phillips 66 common stock on a 1-for-1 basis on the third anniversary of the grant provided performance criteria are met.
- F3Includes shares acquired through on-going acquisitions under 401(k) plan and/or routine dividend transactions that are exempt under rule 16a-1.