Aaron L. Milford - 24 Jan 2023 Form 4 Insider Report for Magellan Midstream Partners, L.P. (MMP)

Role: President & CEO, Director
Signature: /s/ Aaron L. Milford
Issuer symbol: MMP
Transactions as of: 24 Jan 2023
Net transactions value: +$2,705,877
Form type: 4
Filing time: 26 Jan 2023, 15:21:40 UTC
Previous filing: 28 Jan 2022
Next filing: 27 Sep 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MMP	Common Units	Options Exercise	$1,390,867	+27,701	+42%	$50.21	93,079	24 Jan 2023	Direct
transaction	MMP	Common Units	Tax liability	$468,208	-9,325	-10%	$50.21	83,754	24 Jan 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	MMP	Phantom Units	Award	$671,609	+13,376	+20%	$50.21	81,804	24 Jan 2023	Common Units	13,376		Direct	F1
transaction	MMP	Phantom Units	Options Exercise	$1,390,867	-27,701	-34%	$50.21	54,103	24 Jan 2023	Common Units	27,701		Direct	F1
transaction	MMP	Phantom Units	Award	$2,502,477	+49,870	+92%	$50.18	103,973	24 Jan 2023	Common Units	49,870		Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	One-for-One