SEC Form 4 · accession 0001534701-16-000112
Phillips 66 · PSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kevin J Mitchell
Officer — Exec. VP, Finance and CFO
Period of report
Feb 2, 2016
Accepted (ET)
Feb 4, 2016 · 5:27 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 |
|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | Feb 2, 2016 | A | 7,265 | $78.62 | A | 55,853 | D | |
| Common Stock | holding | — | — | — | 69 | D | ||
| Common StockF2 | holding | — | — | — | 1,301 | I | Company Savings Plan | |
| Common Stock | holding | — | — | — | 4,602 | I | Held by Spouse |
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)F3 | $78.62 | Feb 2, 2016 | A | 30,800 | A | — | Feb 2, 2026 | Common Stock | 30,800 | 30,800 | D |
| Employee Stock Option (Right to Buy)F4 | $74.135 | holding | — | — | — | — | Feb 3, 2025 | Common Stock | 9,900 | 9,900 | D |
| Phantom StockF5,F6 | $76.45 | holding | — | — | — | — | — | Common Stock | 9 | 9 | D |
Explanation of responses
- F1Restricted 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.
- F2Includes shares acquired through on-going acquisitions under 401(k) plan and/or routine dividend transactions that are exempt under rule 16a-1.
- F3The stock options become exercisable in three equal annual installments beginning February 2, 2017.
- F4The stock options become exercisable in three equal annual installments beginning February 3, 2016.
- F5The shares of Phantom Stock were acquired under a Defined Contribution Makeup Plan providing for settlement upon termination of employment, subject to possible deferred payment in certain circumstances. The reporting of this transactin is not an acknowledgment that it is not an exempt transaction under an Excess Benefit Plan pursuant to Rule 16b-3(c).
- F6The phantom units do not have an expiration date.