MONTAGUE JAMES R 4
4 · Magellan Midstream Partners, L.P. · Filed Nov 16, 2022
Insider Transaction Report
Form 4
MONTAGUE JAMES R
Director
Transactions
- Sale
Common Units
2022-11-15$53.43/sh−2,892$154,524→ 25,095 total - Award
Phantom Units
2022-11-14$53.15/sh+980$52,087→ 50,699 total→ Common Units (980 underlying)
Footnotes (3)
- [F1]This transaction was executed in multiple trades at prices ranging from $53.3301 to $53.4850. The price reported reflects the weighted average sale price. The reporting person hereby undertakes to provide, upon request, to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of units and prices at which the transaction was effected.
- [F2]Each phantom unit is the economic equivalent of one common unit.
- [F3]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.