SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
FOX JOHN M

(Last) (First) (Middle)
C/O MARKWEST HYDROCARBON, INC
1515 ARAPAHOE ST. TWR 2, STE 700

(Street)
DENVER CO 80202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MARKWEST HYDROCARBON INC [ MWP ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/21/2008
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/21/2008 D 334,697 D (1) 1,033 D
Common Stock 02/21/2008 D 1,033 D (2) 0 D
Common Stock 02/21/2008 D 4,842,387 D (1) 0 I MWHC Holding, Inc.
Common Stock 02/21/2008 D 1,452 D (1) 0 I Bode Blanco, LLC
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. Shares disposed of in the merger (the "Merger") between MarkWest Hydrocarbon and MarkWest Energy Partners, pursuant to which each share of MarkWest Hydrocarbon stock was exchanged for either (i) $61.4413 in cash, (ii) 1.9052 common units of MarkWest Energy Partners (the "Unit Consideration"), (iii) 1.285 common units of MarkWest Energy Partners plus $20 in cash (the "Stated Consideration"), or (iv) a pro ration of (i) and (ii). Each of the shares held directly by John M. Fox were exchanged for the Unit Consideration and shares held by MWHC Holdings, Inc. and Bode Blanco, LLC were exchanged for Stated Consideration.
2. In the merger between MarkWest Hydrocarbon and MarkWest Energy Partners, each restricted share of MarkWest Hydrocarbon was converted to a phantom unit of MarkWest Energy Partners at a ratio of 1.9052 phantom units (rounded up to the nearest whole unit) for each restricted share of MarkWest Hydrocarbon on substantially the same terms.
/s/ Sean M. McKendry as POA for John M. Fox 02/25/2008
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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