0001572910-16-000110.txt : 20160510
0001572910-16-000110.hdr.sgml : 20160510
20160510142531
ACCESSION NUMBER: 0001572910-16-000110
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160510
FILED AS OF DATE: 20160510
DATE AS OF CHANGE: 20160510
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: PHILLIPS 66 PARTNERS LP
CENTRAL INDEX KEY: 0001572910
STANDARD INDUSTRIAL CLASSIFICATION: PIPE LINES (NO NATURAL GAS) [4610]
IRS NUMBER: 383899432
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 3010 BRIARPARK DRIVE
CITY: HOUSTON
STATE: TX
ZIP: 77042
BUSINESS PHONE: 855-283-9237
MAIL ADDRESS:
STREET 1: 3010 BRIARPARK DRIVE
CITY: HOUSTON
STATE: TX
ZIP: 77042
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Phillips 66
CENTRAL INDEX KEY: 0001534701
STANDARD INDUSTRIAL CLASSIFICATION: PETROLEUM REFINING [2911]
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36011
FILM NUMBER: 161635129
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: Phillips 66 Co
CENTRAL INDEX KEY: 0001534827
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36011
FILM NUMBER: 161635130
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: Phillips 66 Project Development Inc.
CENTRAL INDEX KEY: 0001654510
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36011
FILM NUMBER: 161635131
BUSINESS ADDRESS:
STREET 1: 3010 BRIARPARK DRIVE
CITY: HOUSTON
STATE: TX
ZIP: 77042
BUSINESS PHONE: 281-293-6600
MAIL ADDRESS:
STREET 1: P.O. BOX 4428
CITY: HOUSTON
STATE: TX
ZIP: 77210
4
1
wf-form4_146290470842918.xml
FORM 4
X0306
4
2016-05-10
0
0001572910
PHILLIPS 66 PARTNERS LP
PSXP
0001654510
Phillips 66 Project Development Inc.
3010 BRIARPARK DRIVE
HOUSTON
TX
77042
1
0
1
0
0001534827
Phillips 66 Co
3010 BRIARPARK DRIVE
HOUSTON
TX
77042
1
0
1
0
0001534701
Phillips 66
3010 BRIARPARK DRIVE
HOUSTON
TX
77042
1
0
1
0
Common Units
2016-05-10
4
A
0
1400922
59.5231
A
60162787
D
On May 10, 2016, in connection with the closing of the transactions contemplated by the Contribution, Conveyance and Assumption Agreement dated May 4, 2016, by and among the Issuer, Phillips 66 Partners GP LLC (the "General Partner"), Phillips 66 Company ("P66 Company"), and Phillips 66 Project Development Inc. ("P66 PDI"), the Issuer acquired interests in a pipeline and an NGL fractionator and related storage caverns from P66 PDI. The total consideration paid by the Issuer was $775 million, which included the Issuer's assumption of notes in the aggregate principal amount of $675 million; the issuance of 1,400,922 common units of the Issuer to P66 PDI; and the issuance of 286,753 general partner units of the Issuer to the General Partner. The price per common unit of the Issuer was determined by the ten day volume-weighted average closing price of the Issuer's common units on the New York Stock Exchange for the ten day trading period ended April 20, 2016.
This Form 4 is filed jointly by Phillips 66 ("PSX"), P66 Company, and P66 PDI. P66 PDI is a direct wholly owned subsidiary of P66 Company, which is a direct wholly owned subsidiary of PSX. P66 PDI owns all of the outstanding membership interests in the General Partner. Accordingly, the General Partner is an indirect wholly owned subsidiary of P66 Company and PSX. P66 Company and PSX may be deemed to indirectly own the securities of the Issuer directly held by the General Partner, but disclaim beneficial ownership except to the extent of their pecuniary interest therein. P66 Company and PSX may also be deemed to indirectly own the securities of the Issuer directly held by P66 PDI, but disclaim beneficial ownership except to the extent of their pecuniary interest therein.
Paula A. Johnson, VP of Phillips 66 Project Development Inc.
2016-05-10
Paula A. Johnson, Executive VP of Phillips 66
2016-05-10
Paula A. Johnson, Executive Vice President of Phillips 66 Company
2016-05-10