SCHAFFART GAYE LYNN 4
4 · NORTHERN BORDER PARTNERS LP · Filed Jan 25, 2005
Insider Transaction Report
Form 4
SCHAFFART GAYE LYNN
Other
Transactions
- Exercise/Conversion
Phantom Units
2005-01-22−86→ 0 totalExercise: $0.00From: 2005-01-22Exp: 2005-01-22→ Common Units (391 underlying) - Exercise/Conversion
Common Units
2005-01-22+391→ 0 total - Tax Payment
Common Units
2005-01-22$49.96/sh−117$5,845→ 474 total
Footnotes (3)
- [F1]Number of Common Units acquired upon settlement of phantom stock issued pursuant to a deferred compensation plan.
- [F2]The number of Common Units deemed sold back to the issuer for tax withholding.
- [F3]The number of Common Units to be received upon conversion will be based on the General Partner's Distribution Rate (as defined in the Amended and Restated Northern Border Phantom Unit Plan) divided by the Distribution Yield (as defined in the Amended and Restated Northern Border Phantom Unit Plan) in effect on the day before the conversion.