FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Casey Keith M
2. Issuer Name and Ticker or Trading Symbol

TESORO CORP /NEW/ [ TSO ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
EVP, Marketing & Commercial
(Last)          (First)          (Middle)

19100 RIDGEWOOD PARKWAY
3. Date of Earliest Transaction (MM/DD/YYYY)

2/14/2017
(Street)

SAN ANTONIO, TX 78259
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock   2/14/2017     A    10211   A $0   30177   D    
Common Stock   2/14/2017     F    3261   D $88.01   26916   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Market Stock Unit Award     (1) 2/14/2017     M         6265      (1)   (1) Common Stock   6265.0   $0   19843   D    
Market Stock Unit Award     (2) 2/14/2017     A      9914         (2)   (2) Common Stock   9914.0   $0   29757   D    

Explanation of Responses:
( 1)  Vesting and settlement of market stock unit award previously granted under the Amended and Restated Tesoro Corporation 2011 Long-Term Incentive Plan. The market stock units vested on the third anniversary of the grant date, were adjusted based upon a TSO stock price performance multiple, and were settled in shares of common stock upon certification by the Compensation Committee.
( 2)  Market stock unit award granted under the Amended and Restated Tesoro Corporation 2011 Long-Term Incentive Plan. The market stock units will vest on the third anniversary of the grant date and will be settled in shares of common stock. The number of shares received will be adjusted upon vesting to between 50% and 200% of the awarded amount based upon a TSO stock price performance multiple.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Casey Keith M
19100 RIDGEWOOD PARKWAY
SAN ANTONIO, TX 78259


EVP, Marketing & Commercial

Signatures
/s/ Elisa D. Watts, Attorney-in-Fact for Keith M. Casey 2/16/2017
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
Andeavor (NYSE:ANDV)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Andeavor Charts.
Andeavor (NYSE:ANDV)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Andeavor Charts.