SEC Form 4 · accession 0001534701-16-000177
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 8, 2016
Accepted (ET)
Nov 10, 2016 · 3:39 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 StockF1 | Nov 8, 2016 | M | 17,165 | $31.25 | A | 29,252 | D | |
| Common StockF1 | Nov 8, 2016 | S | 17,165 | $80.20 | D | 12,087 | D | |
| Common StockF1 | Nov 9, 2016 | M | 55,465 | $31.25 | A | 67,552 | D | |
| Common StockF1 | Nov 9, 2016 | S | 55,465 | $80.20 | D | 12,087 | D | |
| Restricted Stock UnitsF2,F1 | holding | — | — | — | 22,394 | D | ||
| Common StockF3 | holding | — | — | — | 2,489 | 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) | $31.25 | Nov 8, 2016 | M | 17,165 | D | Feb 10, 2014 | Feb 10, 2021 | Common Stock | 17,165 | 55,465 | D |
| Employee Stock Option (Right to Buy) | $31.25 | Nov 9, 2016 | M | 55,465 | D | Feb 10, 2014 | Feb 10, 2021 | Common Stock | 55,465 | 0 | D |
Explanation of responses
- F1Includes shares received upon the lapse of Restricted Stock Units, which were previously reported in Table I holdings.
- 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.