FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
TESORO CORP /NEW/ [ TSO ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 12/16/2013 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 12/16/2013 | M | 17,000 | A | $12.93 | 68,558 | D | |||
Common Stock | 12/16/2013 | S | 17,000 | D | (3)(4) | 51,558(1) | D |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Common Stock Right to Buy | $12.93 | 12/16/2013 | M | 17,000 | (2) | 05/05/2020 | Common Stock | 17,000 | (3)(4) | 105,100 | D |
Explanation of Responses: |
1. Balance includes 8,079 shares in Company's thrift plan and direct ownership of 43,479 shares. |
2. Grant has a graded vesting schedule. Date Exercisable will vary for each vesting tranche. |
3. Multiple lots for the same price for this order have been combined. Shares sold as follows: 200 at 56.510, 400 at 56.690, 100 at 56.750, 200 at 56.810, 100 at 56.820, 100 at 56.830, 100 at 56.840, 200 at 56.880, 100 at 56.900, 100 at 56.970, 200 at 57.080, 100 at 57.098, 100 at 57.101, 200 at 57.120, 200 at 57.160, 100 at 57.280, 200 at 57.330, 100 at 57.350, 100 at 57.380, 100 at 57.410, 200 at 57.420, 300 at 57.460, 100 at 57.470, 100 at 57.475, 100 at 57.477, 300 at 57.480, 300 at 57.490, 200 at 57.510, 200 at 57.520, 200 at 57.525, 100 at 57.540, 300 at 57.550, 189 at 57.570, 100 at 57.580, 400 at 57.590, 200 at 57.600, 200 at 57.610, 100 at 57.620, 100 at 57.630, 200 at 57.640, 100 at 57.650, 200 at 57.660, 100 at 57.664, 100 at 57.680, 100 at 57.695, 100 at 57.710, 100 at 57.740, 200 at 57.760, 100 at 57.770, 100 at 57.890, 100 at 57.900, 100 at 57.910, 100 at 57.940, 100 at 57.970, 100 at 58.00, 200 at 58.010, 200 at 58.020, 300 at 58.030, 200 at 58.040, 268 at 58.060. |
4. Shares sold as follows: 343 at 58.070, 400 at 58.080, 300 at 58.090, 200 at 58.110, 300 at 58.120, 300 at 58.130, 300 at 58.140, 500 at 58.150, 100 at 58.160, 500 at 58.170, 300 at 58.180, 100 at 58.190, 300 at 58.200, 100 at 58.204, 100 at 58.210, 100 at 58.215, 100 at 58.220, 100 at 58.225, 100 at 58.230, 100 at 58.240, 100 at 58.250, 500 at 58.260, 300 at 58.270, 100 at 58.282, 100 at 58.285, 100 at 58.290, 100 at 58.295, 400 at 58.300, 100 at 58.320, 100 at 58.330, 300 at 58.340, 100 at 58.344, 100 at 58.410. |
Remarks: |
/s/ Jean M Mosel - Attorney-in-Fact for G. Scott Spendlove | 12/17/2013 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |