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