||annual grant to non-employee directors of restricted stock units (rsus) that convert to phillips 66 common stock on a 1-for-1 basis. the restrictions on the rsus lapse after the retirement, disability or death of the non-employee director.
||the price reflected above is the average of the high and the low price of the company's stock on january 15, 2021.
||includes 52,122.4898 rsus, including additional units acquired through routine dividend transactions that are exempt under rule 16a-11.
||reported amount represents shares purchased in discretionary accounts on behalf of the harold w. mcgraw family foundation, inc., of which mr. mcgraw serves on the board, or various trusts for the benefit of various family members of mr. mcgraw and for which trusts mr. mcgraw serves as trustee and has voting and investment power. mr. mcgraw disclaims beneficial ownership of all securities held by the foundation and the trusts and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of the reported shares for the purposes of section 16 or for any other purpose. these transactions are reported as small acquisitions under rule 16a-6.