0001534701-22-000026.txt : 20220120
0001534701-22-000026.hdr.sgml : 20220120
20220120182854
ACCESSION NUMBER: 0001534701-22-000026
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220120
FILED AS OF DATE: 20220120
DATE AS OF CHANGE: 20220120
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bairrington Phillip David
CENTRAL INDEX KEY: 0001682473
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36011
FILM NUMBER: 22543558
MAIL ADDRESS:
STREET 1: C/O PHILLIPS 66 CORPORATE LEGAL, N13
STREET 2: 2331 CITYWEST BLVD.
CITY: HOUSTON
STATE: TX
ZIP: 77042
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: 2331 CITYWEST BLVD.
CITY: HOUSTON
STATE: TX
ZIP: 77042
BUSINESS PHONE: 855-283-9237
MAIL ADDRESS:
STREET 1: 2331 CITYWEST BLVD.
CITY: HOUSTON
STATE: TX
ZIP: 77042
4
1
wf-form4_164272131972440.xml
FORM 4
X0306
4
2022-01-20
0
0001572910
PHILLIPS 66 PARTNERS LP
PSXP
0001682473
Bairrington Phillip David
2331 CITYWEST BLVD.
HOUSTON
TX
77042
1
0
0
0
Common Units (Limited Partner Interests)
2022-01-20
4
M
0
1650
0
A
45348
D
Common Units (Limited Partner Interests)
2022-01-20
4
D
0
1650
43.9625
D
43698
D
Common Units (Limited Partner Interests)
2022-01-20
4
P
0
1630
44.46
A
45328
D
Phantom Units
2022-01-20
4
M
0
1650
0
D
2022-01-15
Common Units
1650.0
0
D
Phantom Units
2022-01-20
4
A
0
2389
0
A
Common Units
2389.0
2389
D
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.
The price reflected above is the average of the high and the low price of the Company's common unit on January 14, 2022.
In accordance with Rule 10b5-1, on November 14, 2018, the reporting person gave instructions to purchase common units with the cash payment received upon settlement of the 1,650 phantom units reported on this Form 4.
Each phantom unit is the economic equivalent of one common unit of Phillips 66 Partners LP.
The phantom units do not have an expiration date.
The plan actually dictates January 15th as the grant date, but due to that being a holiday weekend, the reporting person was not notified of the transaction until the 20th, which is the transaction date per Rule 16a-3(g).
Annual grant to non-employee directors of phantom units.
Phantom units vest on the third anniversary of the grant.
Julie P. Pradel, by Power of Attorney
2022-01-20