Mark E. Lashier - 01 Nov 2021 Form 4 Insider Report for Phillips 66 (PSX)

Signature
Amanda K. Maki, as Attorney-in-Fact
Issuer symbol
PSX
Transactions as of
01 Nov 2021
Transactions value $
-$39,789
Form type
4
Filing time
03 Nov 2021, 17:18:50 UTC
Previous filing
07 Oct 2021
Next filing
10 Feb 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PSX Common Stock Tax liability -$39.8K -557 -1.75% $71.43 31.2K 01 Nov 2021 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 For administrative convenience, the Issuer's process is to withhold shares to satisfy FICA taxes arising from retirement eligibility on the first of each month for all lapses that occurred in the prior month. In accordance with this process, shares were withheld by the Issuer on November 1, 2021, but the date of the lapse was October 1, 2021, the date used to calculate the number of shares to satisfy the withholding obligation.
F2 The price reflected above is the average of the high and the low price of the Company's stock on October 1, 2021.
F3 Includes 30,117 Restricted Stock Units (RSUs) that settle for shares of Phillips 66 common stock on a 1-for-1 basis on the third anniversary of the date of grant.