SWANSON AL (Executive VP & CFO) exercised options at PLAINS ALL AMERICAN PIPELINE LP
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 5/16/2019ACC: 0001615619-19-000040
Officer· Executive VP & CFO
Since Aug 2018
-31.87K
Net shares
Net seller
$762.7K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
81K acquired · 112.87K disposed
Non-Derivative Transactions4
Common Units
Direct
Shares
+35K
Price / share
—
Trade value
—
% of position
22.2%
5/15/2019
157.33K→192.33K
Common Units
Direct
Shares
−13.77K
Price / share
$23.93
Trade value
$329.59K
% of position
7.2%
5/15/2019
192.33K→178.56K
Common Units
Direct
Shares
+46K
Price / share
—
Trade value
—
% of position
25.8%
5/15/2019
178.56K→224.56K
Common Units
Direct
Shares
−18.10K
Price / share
$23.93
Trade value
$433.16K
% of position
8.1%
5/15/2019
224.56K→206.46K
Total
Net shares
+49.13K
Net value
-$762.74K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Units Direct | 5/15/2019 | M · Option Exercise | +35K | — | — | 22.2% | 157.33K | 192.33K |
| Common Units Direct | 5/15/2019 | F · Tax Withholding | −13.77K | $23.93 | $329.59K | 7.2% | 192.33K | 178.56K |
| Common Units Direct | 5/15/2019 | M · Option Exercise | +46K | — | — | 25.8% | 178.56K | 224.56K |
| Common Units Direct | 5/15/2019 | F · Tax Withholding | −18.10K | $23.93 | $433.16K | 8.1% | 224.56K | 206.46K |
| Total | +49.13K | -$762.74K | ||||||
Derivative Transactions2
Phantom Units
Direct
Converts to
Common Units
35K shares
Shares
−35K
Strike price
Held after
0.00
Exercisable
—
5/15/2019
Phantom Units
Direct
Converts to
Common Units
46K shares
Shares
−46K
Strike price
Held after
92K
Exercisable
—
5/15/2019
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Phantom Units Direct | Common Units35K shares | 5/15/2019 | M · Option Exercise | −35K | — | 0.00 | |
| Phantom Units Direct | Common Units46K shares | 5/15/2019 | M · Option Exercise | −46K | — | 92K |