0001534701-16-000108.txt : 20160204 0001534701-16-000108.hdr.sgml : 20160204 20160204171915 ACCESSION NUMBER: 0001534701-16-000108 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20160202 FILED AS OF DATE: 20160204 DATE AS OF CHANGE: 20160204 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Phillips 66 CENTRAL INDEX KEY: 0001534701 STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911] IRS NUMBER: 453779385 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 3010 BRIARPARK DRIVE CITY: HOUSTON STATE: TX ZIP: 77042 BUSINESS PHONE: 281-293-6600 MAIL ADDRESS: STREET 1: 3010 BRIARPARK DRIVE CITY: HOUSTON STATE: TX ZIP: 77042 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Taylor Timothy Garth CENTRAL INDEX KEY: 0001547333 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-35349 FILM NUMBER: 161389391 MAIL ADDRESS: STREET 1: 600 N. DAIRY ASHFORD CITY: HOUSTON STATE: TX ZIP: 77079 4 1 wf-form4_145462434362991.xml FORM 4 X0306 4 2016-02-02 0 0001534701 Phillips 66 PSX 0001547333 Taylor Timothy Garth 3010 BRIARPARK DRIVE HOUSTON TX 77042 0 1 0 0 President Restricted Stock Units 2016-02-02 4 A 0 15636 78.62 A 51219 D Common Stock 35708 D Common Stock 474.78 I By Phillips 66 Savings Plan Employee Stock Option (Right to Buy) 78.62 2016-02-02 4 A 0 60700 0 A 2026-02-02 Common Stock 60700.0 60700 D Employee Stock Option (Right to Buy) 74.135 2025-02-03 Common Stock 52300.0 52300 D Stock Options (Right to Buy) 72.255 2024-02-06 Common Stock 30100.0 30100 D Stock Options (Right to Buy) 62.17 2023-02-07 Common Stock 32100.0 32100 D Employee Stock Option (Right to Buy) 32.03 2022-02-09 Common Stock 77260.0 77260 D Phantom Stock Common Stock 1946.524 1946.524 D Performance Stock Units Common Stock 119096.0 119096 D The stock units will be forfeited if the reporting person separates from service prior to the end of an escrow period ending on the earliest to occur of the following: (a) termination of employment as a result of layoff; (b) termination of employment after attainment of age 55 with five years of service; (c) termination of employment due to death or total disability; or (d) termination of employment following a change in control. During the escrow period, the reporting person may not dispose of the stock units. The stock units will convert to common stock on the later of (a) the end of the escrow period or (b) the earlier of (i) death or (ii) six months after separation from service in which case the stock units will convert to common stock. The reporting person may also elect to defer conversion of stock units until a later date. Restricted Stock Units settle for shares of Phillips 66 common stock on a 1-for-1 basis on the third anniversary of the grant provided performance criteria are met. Includes shares acquired through on-going acquisitions under 401(k) plan and/or routine dividend transactions that are exempt under rule 16a-1. The stock options become exercisable in three equal annual installments beginning February 2, 2017. The stock options become exercisable in three equal annual installments beginning February 3, 2016. The stock options become exercisable in three equal annual installments beginning February 6, 2015. The stock options become exercisable in three equal annual installments beginning February 7, 2014. The stock options become exercisable in three equal annual installments beginning February 9, 2013. The shares of phantom stock convert to Phillips 66 stock on a 1-for-1 basis. The shares of phantom stock were acquired under a Defined Contribution Makeup Plan providing for settlement upon termination of employment, subject to possible deferred payment in certain circumstances. The reporting of this transaction is not an acknowledgment that it is not an exempt transaction under an Excess Benefit Plan pursuant to Rule 16b-3(c). Performance Stock Units (PSUs) settle for shares of Phillips 66 common stock on a 1-for-1 basis at the end of the escrow period. The escrow period ends on the earliest to occur of: (a) five years; (b) termination of employment as a result of layoff; (c) termination of employment after attainment of age 55 with five years of service; (d) termination of employment due to death or total disability; or (e) termination of employment following a change in control. The PSUs will be forfeited if the reporting person separates from service prior to the end of the escrow period for any reason other than those listed above. During the escrow period, the reporting person may not dispose of PSUs. The reporting person may also elect to defer settlement of PSUs until a later date. Performance Stock Units settle for cash based on the fair market value on the vesting date, which is the third anniversary of the grant provided performance criteria are met. The Performance Stock Units do not have an expiration date. Grant F. Adamson, Attorney-in-Fact (By Power of Attorney filed with the Commission on April 12, 2012) 2016-02-04