YOUNG DAVID LEE 4
4 · MARKWEST ENERGY PARTNERS L P · Filed Feb 2, 2005
Insider Transaction Report
Form 4
YOUNG DAVID LEE
Sr. VP NE Business Unit
Transactions
- Award
Phantom Units
2005-01-31+406→ 2,406 total→ Common Units (406 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 3 years, with 1/3 vesting on January 31, 2006, 1/3 vesting on January 31, 2007, and 1/3 vesting on January 31, 2008.