PORTFOLIOCENTER
®
Spin Off Corporate Action Instructions for:
Phillips 66 Spin Off of ConocoPhillips
WARNING! The information contained in this document is furnished to users of Schwab Performance
Technologies (“SPT”) products as an accommodation and without charge. While efforts have been made to
provide accurate information, SPT does not guarantee its accuracy, timeliness, or completeness. Nor do we
warrant or guarantee any results from your use of or reliance on the information. Your receipt of this information is
subject to the Terms & Conditions of your use of this website (www.schwabpt.com). For definitive information, we
urge you to consult the official documents and information available from the issuers of the securities that are the
subjects of the transactions described. This document is not intended to provide tax or legal advice about the
transactions described. Users are urged to consult their tax advisors and legal counsel about the tax
consequences and their legal rights of the transactions.
DocumentID: spt010247
Last Updated: May 9, 2012
IMPORTANT INFORMATION ABOUT PHILLIPS 66 SPIN OFF OF CONOCOPHILLIPS
ConocoPhillps (COP) announced a distribution of shares of Phillips 66 (PSX) Common Stock. The distribution
ratio is one (1) share of Phillips 66 Common Stock for every two (2) shares of ConocoPhillps, Class A Common
Stock held of record April 16, 2012. The ex-date for the distribution is Tuesday, May 1, 2012.
For more information about this event, please reference:
http://www.phillips66.com/EN/investor/shareholder_services/faqs/Pages/faqs.aspx
Spin-Off Details
SPIN OFF WIZARD FIELD
DATA
1
Spin-off Date
5/1/2012
2
Security Type
EQ
3
Parent Company Symbol
COP
4
Parent Company Price Per Share
71.63
5
New Company Security Type
EQ
6
New Company Symbol
PSX
7
Percent of Cost Allocated
0.2291*
8
New Company Price Per Share
33.74
9
Share Distribution Ratio
.5
10
Conversion Price for Cash in Lieu
N/A
Note
*Schwab is currently using different cost basis allocation numbers but that allocation number may be
updated. In the interim, the cost basis may not reconcile for the next couple of weeks.
Unless explicitly stated in the data field, the Conversion Price listed is only valid for accounts held at
Schwab Institutional.
DocumentID: spt010247
Last Updated: May 9, 2012
Important Links to Additional Information

Cash in Lieu for Fractional Shares: there are three methods for handling Cash in Lieu of
Fractional Shares. For the options and steps for using each, see Methods for Handling Cash in Lieu
of Fractional Shares at. https://www.schwabpt.com/pdflibrary/open.asp?id=010934

Spin-Off Wizard: For more information about the Spin-Off Wizard, see Entering a Spin-Off at
https://schwabpt.com/pdflibrary/open.asp?id=010932.

Identifying Corporate Action Transactions in Interface Data: Most custodial interfaces send
transactions to account for corporate actions. See Identifying Corporate Action Transactions in the
Interface at https://schwabpt.com/pdflibrary/open.asp?id=010933 for tips for finding corporate action
data in your interface and how to handle those transactions if you find them.

Corporate Action Terminology: Corporate actions can be complex situations. If you encounter
terminology you don’t recognize, consult our Corporate Action Terminology document at
https://schwabpt.com/pdflibrary/open.asp?id=010930.

Warning Messages: You can override warning messages that prevent you from batch posting
transactions. For more information about these warnings, see Transaction Writer Warning Message
Override Settings at https://schwabpt.com/pdflibrary/open.asp?id=010926.
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