MPLX LP 4
4 · MPLX LP · Filed Dec 8, 2015
Insider Transaction Report
Form 4
MPLX LPMPLX
Rosson Paula L
Senior VP and CAO
Transactions
- Award
Common Units (Limited Partner Interests)
2015-12-04+23,445→ 23,445 total
Footnotes (2)
- [F1]Received in exchange for 21,510 MarkWest Energy Partners, L.P. ("MarkWest") common units, including converted phantom units, in connection with the merger of Sapphire Holdco LLC, a wholly owned subsidiary of the Issuer, with and into MarkWest on December 4, 2015, with MarkWest as the surviving entity (the "Merger"). The Merger consideration for this transaction was 1.09 Issuer common units plus $6.20 in cash per MarkWest common unit or phantom unit converted in connection with the Merger, with cash paid in lieu of fractional units.
- [F2]On the effective date of the Merger, the closing price of the Issuer's common units was $30.83 per unit.