Filing Details

Accession Number:
0001534701-16-000187
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-12-14 15:00:08
Reporting Period:
2016-12-13
Filing Date:
2016-12-14
Accepted Time:
2016-12-14 15:00:08
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1534701 Phillips 66 PSX Petroleum Refining (2911) 453779385
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1626994 A. Chukwuemeka Oyolu
2331 Citywest Boulevard
Houston TX 77042
Vice President & Controller No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2016-12-13 3,574 $88.12 0 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Restricted Stock Units 22,182 Direct
Common Stock 797 Indirect By Phillips 66 Savings Plan
Common Stock 516 Indirect Held by Wife in Phillips 66 Savings Plan
Restricted Stock Units 670 Indirect Held by Wife
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Common Stock Performance Stock Units $0.00 2,197 2,197 Direct
Common Stock Employee Stock Option (Right to Buy) $72.26 2024-02-06 2,700 2,700 Direct
Common Stock Employee Stock Option (Right to Buy) $74.14 2025-02-03 6,900 6,900 Direct
Common Stock Employee Stock Option (Right to Buy) $78.62 2026-02-02 10,600 10,600 Direct
Expiration Date Amount Remaning Holdings Nature of Ownership
2,197 2,197 Direct
2024-02-06 2,700 2,700 Direct
2025-02-03 6,900 6,900 Direct
2026-02-02 10,600 10,600 Direct
Footnotes
  1. The price reported above is a weighted average price. These shares were sold in multiple transactions at prices ranging from $88.1238 to $88.1248. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.
  2. 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.
  3. Includes shares acquired through routine dividend transactions that are exempt under Rule 16a-1.
  4. 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.
  5. Performance Share Units do not have an expiration date.
  6. The stock options became exercisable in three equal annual installments beginning February 6, 2015.
  7. The stock options became exercisable in three equal annual installments beginning February 3, 2016.
  8. The stock options become exercisable in three equal annual installments beginning February 2, 2017.