Form Type: 4

SEC EDGAR Link
Accession Number:0001209191-16-123807
Date:2016-05-24
Issuer: PHILLIPS 66 (PSX)
Original Submission Date:

Reporting Person:

BERKSHIRE HATHAWAY INC
3555 FARNAM STREET
OMAHA, NE 68131

Reporting Person:

BUFFETT WARREN E
3555 FARNAM STREET
OMAHA, NE 68131

Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
Title of SecurityTransaction Date2a. Deemed Execution Date Transaction CodeSharesAcquired or DisposedPrice per share 5. Amount of Securities Beneficially Owned Following Reported Transaction 6. Ownership Form Direct or IndirectNature of Indirect Ownership
COMMON STOCK 2016-05-24 P 70,639 a $79.10 76,446,014 indirect
COMMON STOCK 2016-05-25 P 203,613 a $79.97 76,649,627 indirect
COMMON STOCK 2016-05-26 P 368,021 a $79.76 77,017,648 indirect
Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, convertible securities
Title of Derivative Security Conversion or Exercise Price of Derivative Security Transaction Date Deemed Execution Date Transaction Code Number of Derivative Securities Acquired (A) or Disposed of (D) Date ExercisableExpiration Date Title and Amount of Securities Underlying Derivative Security Price of Derivative Security Number of derivative Securities Beneficially Owned Following Reported Transaction(s) Ownership Form: Direct (D) or Indirect (I) Nature of Indirect Beneficial Ownership
Footnotes
IDfootnote
f1 the price reported in column 4 is a weighted average price. these shares were purchased in multiple transactions at prices ranging from $78.51 to $79.50. the reporting persons undertake to provide phillips 66, any security holder of phillips 66, or the staff of the securities and exchange commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes 1, 4 and 5 to this form 4.
f2 70,915,648 of the total reported securities are owned by the following subsidiaries of berkshire hathaway inc. ("berkshire"): national indemnity co. (59,619,648), national fire & marine insurance co. (1,163,000), national liability & fire insurance co. (1,266,000), berkshire hathaway assurance corp. (1,558,000), berkshire hathaway homestate insurance co. (782,000), berkshire hathaway specialty insurance co. (1,314,000) and columbia insurance company (5,213,000). as berkshire is in the chain of ownership of each of these subsidiaries, it may be deemed presently to both beneficially own and have a pecuniary interest in all shares of common stock presently owned by each of these subsidiaries. warren e. buffett, as the controlling stockholder of berkshire, may be deemed presently to beneficially own, but only to the extent he has a pecuniary interest in, the shares of common stock presently owned by each such subsidiary.
f3 continuation of footnote 2: mr. buffett disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein. footnote 3: 6,102,000 of the total reported securities are owned by the following pension plans of berkshire's subsidiaries: flightsafety international inc. retirement income plan (350,000), fruit of the loom pension trust (921,300), geico corporation pension plan trust (2,499,700), johns manville corporation master pension trust (2,187,000) and general re corp. employee retirement trust (144,000). each of berkshire, mr. buffett and these pension plans disclaims beneficial ownership in such shares.
f4 the price reported in column 4 is a weighted average price. these shares were purchased in multiple transactions at prices ranging from $79.49 to $ 80.13.
f5 the price reported in column 4 is a weighted average price. these shares were purchased in multiple transactions at prices ranging from $79.13 to $80.04.
WhaleWisdom Logo

Elevate your investments