SEC Form 4 · accession 0000050104-17-000051
ANDEAVOR · ANDV
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory James Goff
Officer — President and CEO
Period of report
Feb 14, 2017
Accepted (ET)
Feb 16, 2017 · 6:39 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 StockF1 | Feb 14, 2017 | M | 89,105 | $0.00 | A | 623,385 | D | |
| Common StockF1 | Feb 14, 2017 | F | 37,380 | $88.01 | D | 586,005 | 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 AwardF2 | — | Feb 14, 2017 | M | 54,672 | D | — | — | Common Stock | 54,672 | 75,413 | D |
| Market Stock Unit AwardF3 | — | Feb 14, 2017 | A | 39,270 | A | — | — | Common Stock | 39,270 | 114,683 | D |
Explanation of responses
- F1Includes 608.8468 shares held through the Tesoro Corporation Thrift Plan (based upon a plan statement dated as of December 31, 2016).
- F2Vesting 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.
- F3Market 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.