PEARSON MICHAEL C (Senior Vice President) exercised options at MAGELLAN MIDSTREAM PARTNERS, L.P.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 1/26/2023ACC: 0001126975-23-000030
Officer· Senior Vice President
Since Sep 2019
+9.14K
Net shares
Net buyer
$241.8K
Total sold
0
Open market trades
0B · 0S
5
Total transactions
24.58K acquired · 15.44K disposed
Non-Derivative Transactions2
Common Units
Direct
Shares
+10.62K
Price / share
$50.21
Trade value
$533.23K
% of position
15.9%
1/24/2023
66.98K→77.60K
Common Units
Direct
Shares
−4.82K
Price / share
$50.21
Trade value
$241.81K
% of position
6.2%
1/24/2023
77.60K→72.79K
Total
Net shares
+5.80K
Net value
$291.42K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Units Direct | 1/24/2023 | M · Option Exercise | +10.62K | $50.21 | $533.23K | 15.9% | 66.98K | 77.60K |
| Common Units Direct | 1/24/2023 | F · Tax Withholding | −4.82K | $50.21 | $241.81K | 6.2% | 77.60K | 72.79K |
| Total | +5.80K | $291.42K | ||||||
Derivative Transactions3
Phantom Units
Direct
Converts to
Common Units
5.13K shares
Shares
+5.13K
Strike price
Held after
28.16K
Exercisable
—
1/24/2023
Phantom Units
Direct
Converts to
Common Units
10.62K shares
Shares
−10.62K
Strike price
Held after
17.54K
Exercisable
—
1/24/2023
Phantom Units
Direct
Converts to
Common Units
8.83K shares
Shares
+8.83K
Strike price
Held after
26.37K
Exercisable
—
1/24/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Phantom Units Direct | Common Units5.13K shares | 1/24/2023 | A · Award | +5.13K | — | 28.16K | |
| Phantom Units Direct | Common Units10.62K shares | 1/24/2023 | M · Option Exercise | −10.62K | — | 17.54K | |
| Phantom Units Direct | Common Units8.83K shares | 1/24/2023 | A · Award | +8.83K | — | 26.37K |