SCHROEDER ANDREW L 4
4 · MARKWEST ENERGY PARTNERS L P · Filed Sep 3, 2004
Insider Transaction Report
Form 4
SCHROEDER ANDREW L
VP Finance & Treasurer
Transactions
- Exercise/Conversion
Common Units
2004-08-23+62→ 250 total - Exercise/Conversion
Phantom Units
[F1][F2]2004-08-23−62→ 0 total→ Common Units (62 underlying)
Footnotes (2)
- [F1]1 for 1
- [F2]Under the phantom unit grant agreement, the settlement of the phantom units occurs automatically as the phantom units vest, which results in a deemed automatic expiration of the vested portion of the phantom units upon settlement. The phantom units vest generally over a period of four years, with 25% vesting at the end of the second and third years after the date of grant, and 50% vesting at the end of the fourth year after the date of grant. The vesting may be accelerated in certain instances if the issuer achieves certain unitholder distribution targets.
Signature
Andy Schulz POA for Andrew L. Schroeder|2004-09-03