The status you are given once you preform a task worthy of being compared to Phillip. This task normally involves a high amount of stupidity.
Guy 1: Wait, you're telling me that you ran over an old man and then backed up to see if he was ok?
Guy 2: Yup.
Guy 1: Ok, you have Phillip Status now. Don't talk to me.
Guy 2: Fuck, I'm gonna go kill myself.