Sivasankaran Somasundaram - 14 Nov 2022 Form 4 Insider Report for Magellan Midstream Partners, L.P. (MMP)

Role
Director
Signature
/s/ Sivasankaran Somasundaram
Issuer symbol
MMP
Transactions as of
14 Nov 2022
Net transactions value
+$3,455
Form type
4
Filing time
16 Nov 2022, 15:51:55 UTC
Previous filing
15 Nov 2022
Next filing
05 Jan 2023
SEC
View on sec.gov

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 MMP Phantom Units Award $3,455 +65 +2% $53.15 3,365 14 Nov 2022 Common Units 65 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 One-for-One
F2 The phantom units become payable in cash or common units upon the reporting person's termination of service as a director in accordance with the terms of the Director Deferred Compensation Plan.