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