MARKWEST ENERGY PARTNERS L P 4
4 · MARKWEST ENERGY PARTNERS L P · Filed Feb 2, 2007
Insider Transaction Report
Form 4
YOUNG DAVID LEE
Sr. VP NE Business Unit
Transactions
- Exercise/Conversion
Phantom Units
2007-01-31−135→ 135 totalExp: 2015-01-31→ Common Units (135 underlying) - Award
Common Units
2007-01-31+907→ 2,150 total - Exercise/Conversion
Common Units
2007-01-31+135→ 2,285 total
Footnotes (4)
- [F1]Represents a phantom unit, which is a restricted unit that entitles the reporting person to receive a common unit upon the vesting of the phantom unit. Under the 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 over a period of three years with one third vesting on January 31 2008, 2009 and 2010.
- [F2]Amount of securities beneficially owned following reported transaction(s) includes Common Units owned and Restricted Units subject to varying vesting terms.
- [F3]1 for 1.
- [F4]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 over a period of three years with one third vesting on January 31 of each anniversary year.