X0303 4 2010-02-24 0 0001136352 INERGY L P NRGY 0001247484 ELBERT PHILLIP TWO BRUSH CREEK BLVD., SUITE 200 KANSAS CITY MO 64112 0 1 0 0 COO Common Units 2010-02-24 4 S 0 14883 35.92 D 70000 D The prices for this transaction range from $35.895 to $35.99. Upon request, full information about the subject transaction will be provided to the SEC. Restricted units granted under the Inergy, L.P. Long Term Incentive Plan. The restricted units vest in three installments as follows: 25% of the restricted units vest on the 3rd anniversary of the grant date, 25% of the restricted units vest on the 4th anniversary of the grant date, and the remaining 50% of the restricted units vest on the 5th anniversary of the grant date. The restricted units are subject to forfeiture if certain company financial performance metrics are not met. On January 12, 2004, the Common, Senior Subordinated and Junior Subordinated Units of Inergy, L.P. underwent a two-for-one split. /s/ Judy Riddle (attorney-in-fact) for Phillip Elbert 2010-02-26