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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Phantom Units | (4) | 01/15/2019 | M | 1,418 | 01/15/2019 | (5) | Common Units (Limited Partner Interests) | 1,418 | $ 0 | 0 | D | ||||
Phantom Units | (4) | 01/15/2019 | A(6) | 1,650 | 01/15/2022 | (5) | Common Units (Limited Partner Interests) | 1,650 | $ 0 | 1,650 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Haney Mark 2331 CITYWEST BLVD. HOUSTON, TX 77042 |
X |
Amanda K. Maki, Attorney in Fact (by power of attorney, filed on January 18, 2018) | 01/17/2019 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | These transactions do not represent the actual purchase and sale of common units by the reporting person. In accordance reporting requirements, they represent the cash settlement of a phantom unit award. |
(2) | The price reflected is the average of the high and the low price of the Company's common unit on January 15, 2019. |
(3) | In accordance with Rule 10b5-1, on December 7, 2015, the reporting person gave instructions to purchase common units with the cash payment received upon settlement of the 1,418 phantom units reported on this Form 4. |
(4) | Phantom units are the economic equivalent of one common unit of Phillips 66 Partners LP. |
(5) | The phantom units do not have an expiration date. |
(6) | Annual grant to non-employee directors of phantom units. |