Hiland Partners, LP 4
4 · Hiland Partners, LP · Filed Aug 11, 2008
Insider Transaction Report
Form 4
Christopherson Kent C
VP - Chief Operations Officer
Transactions
- Award
Phantom Units
2008-08-07$43.87/sh+7,500$329,025→ 7,500 total→ Common Units (7,500 underlying)
Footnotes (1)
- [F1]Each phantom unit is the economic equivalent of one common unit. Mr. Christopherson was granted 7,500 phantom units on August 7, 2008, which vest in four equal increments on each successive anniversary of the grant. Cash distributions made on any unvested phantom units will be held in escrow (with no interest accruing) by Hiland Partners, LP until the vesting of the applicable phantom units.