SEC Form 4 · accession 0001534701-19-000061
Phillips 66 · PSX
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Greg C. Garland
Officer — Chairman and CEO · Director
Period of report
Feb 20, 2019
Accepted (ET)
Feb 21, 2019 · 2:43 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Feb 20, 2019 | M | 42,728 | $32.03 | A | 490,004 | D | |
| Common StockF2,F1 | Feb 20, 2019 | S | 42,728 | $97.6112 | D | 447,276 | D | |
| Common StockF3 | holding | — | — | — | 16,132 | I | By Phillips 66 Savings Plan | |
| Common Stock | holding | — | — | — | 500 | I | Executor of father's estate |
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)F4 | $32.03 | Feb 20, 2019 | M | 42,728 | D | — | Feb 9, 2022 | Common Stock | 42,728 | 0 | D |
Explanation of responses
- F1Includes 100,114 Restricted Stock Units (RSUs) that settle for shares of Phillips 66 common stock on a 1-for-1 basis on the third anniversary of the date of grant.
- F2The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $97.36 to $97.85. 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.
- F3Includes shares acquired through on-going acquisitions under 401(k) plan and/or routine dividend transactions that are exempt under rule 16a-11.
- F4Vest in three equal annual installments beginning February 9, 2013.