X0303 4 2009-09-30 0001246263 MAGELLAN MIDSTREAM HOLDINGS LP MGG 0001299781 Arnheim Walter R ONE WILLIAMS CENTER, MD 28-1 TULSA OK 74172 1 0 0 0 Common Units 2009-09-30 4 D 0 2035 D 0 D Phantom Units 2009-09-30 4 D 0 21785 D Common Units 21785 0 D Pursuant to the Agreement Relating to Simplification of Capital Structure dated as of March 3, 2009 by and among Magellan Midstream Partners, L.P. ("MMP"), MGG and their respective general partners, each common unit of MGG was exchanged for 0.6325 common units of MMP effective as of September 30, 2009. Each phantom unit was the economic equivalent of one common unit. The phantom units were to become payable in cash upon the reporting person's termination of service as a director in accordance with the terms of the Director Deferred Compensation Plan. Pursuant to the Agreement Relating to Simplification of Capital Structure dated as of March 3, 2009 by and among MMP, MGG and their respective general partners, each phantom unit of MGG was converted into 0.6325 phantom units of MMP effective as of September 30, 2009. Walter R. Arnheim 2009-09-30