Al Swanson - 14 Aug 2023 Form 4 Insider Report for PLAINS ALL AMERICAN PIPELINE LP (PAA)

Role
EVP & CFO
Signature
/s/ Al Swanson
Issuer symbol
PAA
Transactions as of
14 Aug 2023
Transactions value $
-$1,032,440
Form type
4
Filing time
16 Aug 2023, 20:16:46
Previous filing
18 Aug 2022
Next filing
21 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAA Common Units Options Exercise $0 +172K +59.56% $0.00 461K 14 Aug 2023 Direct
transaction PAA Common Units Tax liability -$1.03M -67.7K -14.69% $15.25 393K 14 Aug 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction PAA Phantom Units Options Exercise $0 -172K -100% $0.00* 0 14 Aug 2023 Common Units 172K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Phantom Units granted under Long-Term Incentive Plan (includes distribution equivalent rights payable in cash).
F2 One common unit is deliverable, upon vesting, for each Phantom Unit that vests.