SEC Form 4 · accession 0001534701-18-000047
Phillips 66 · PSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Robert A Herman
Officer — Executive Vice President
Period of report
Feb 6, 2018
Accepted (ET)
Feb 8, 2018 · 5:43 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,F2 | Feb 6, 2018 | A | 6,233 | $94.85 | A | 19,993 | D | |
| Common Stock | Feb 7, 2018 | M | 6,962 | $62.17 | A | 20,730 | D | |
| Common Stock | Feb 7, 2018 | F | 2,576 | $96.84 | D | 18,154 | D | |
| Common Stock | holding | — | — | — | 4,783 | I | 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)F3 | $94.85 | Feb 6, 2018 | A | 26,000 | A | — | Feb 6, 2028 | Common Stock | 26,000 | 26,000 | D |
| Stock UnitsF4 | $62.17 | Feb 7, 2018 | M | 6,962 | D | Feb 7, 2018 | — | Common Stock | 6,962 | 0 | 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.
- F2The FMV amount was calculated using the high and the low price from February 6, 2018.
- F3The stock options become exercisable in three equal annual installments beginning on February 6, 2019.
- F4These Stock Units do not have an expiration date.