Victor Burk - 13 Aug 2021 Form 4 Insider Report for PLAINS ALL AMERICAN PIPELINE LP (PAA)

Role
Director
Signature
/s/ Ann F. Gullion, as attorney-in-fact for Victor Burk
Issuer symbol
PAA
Transactions as of
13 Aug 2021
Net transactions value
$0
Form type
4
Filing time
17 Aug 2021, 17:40:28 UTC
Next filing
23 Aug 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction PAA Common Units Options Exercise $0 +5,000 +16% $0.000000 37,043 13 Aug 2021 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 -5,000 -100% $0.000000* 0 13 Aug 2021 Common Units 5,000 Direct F1, F2, F3, F4
* 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.
F3 Phantom Units vest annually on August distribution date.
F4 Upon termination of service as director, other than because of death, disability or retirement.