SEC Form 4 · accession 0001572910-16-000061
PHILLIPS 66 PARTNERS LP · PSXP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph O'Toole
Director
Period of report
Jan 15, 2016
Accepted (ET)
Jan 19, 2016 · 2:51 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001572910
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units (Limited Partner Interests) | holding | — | — | — | 17,000 | D | ||
| Common Units (Limited Partner Interests) | holding | — | — | — | 8,000 | I | Held by Family Partnership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF1,F2,F3 | — | Jan 15, 2016 | A | 1,418 | A | — | — | Common Units | 1,418 | 4,401 | D |
Explanation of responses
- F1The phantom units are the economic equivalent of one common unit of Phillips 66 Partners LP.
- F2Phantom units vest on the third anniversary of the grant.
- F3The phantom units do not have an expiration date.