SEC Form 4 · accession 0000050104-17-000049
ANDEAVOR · ANDV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Keith M Casey
Officer — EVP, Marketing & Commercial
Period of report
Feb 14, 2017
Accepted (ET)
Feb 16, 2017 · 6:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000050104
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 14, 2017 | A | 10,211 | $0.00 | A | 30,177 | D | |
| Common Stock | Feb 14, 2017 | F | 3,261 | $88.01 | D | 26,916 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Stock Unit AwardF1 | — | Feb 14, 2017 | M | 6,265 | D | — | — | Common Stock | 6,265 | 19,843 | D |
| Market Stock Unit AwardF2 | — | Feb 14, 2017 | A | 9,914 | A | — | — | Common Stock | 9,914 | 29,757 | D |
Explanation of responses
- F1Vesting and settlement of market stock unit award previously granted under the Amended and Restated Tesoro Corporation 2011 Long-Term Incentive Plan. The market stock units vested on the third anniversary of the grant date, were adjusted based upon a TSO stock price performance multiple, and were settled in shares of common stock upon certification by the Compensation Committee.
- F2Market stock unit award granted under the Amended and Restated Tesoro Corporation 2011 Long-Term Incentive Plan. The market stock units will vest on the third anniversary of the grant date and will be settled in shares of common stock. The number of shares received will be adjusted upon vesting to between 50% and 200% of the awarded amount based upon a TSO stock price performance multiple.