STAR GROUP, L.P. — Director's Dealing 2003

Sep 11, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: STAR GAS PARTNERS LP (SGU, SGH)
CIK: 0001002590
Period of Report: 2003-06-01

Reporting Person: SEVIN IRIK (Chairman of the Board & CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-06-01	Senior Subordinated Units	G	480	$0.00	Disposed	770	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Senior Subordinated Units	21951	Indirect
Senior Subordinated Units	47390	Indirect
Senior Subordinated Units	29133	Indirect
Senior Subordinated Units	46566	Indirect
Common Units	8250	Indirect

Footnotes

F1: Granted pursuant to an Agreement with the Partnership dated as of December 10, 2000 (the "December 2000 Agreement"). These Units vested on January 5, 2001. All of these Units have been deposited in a trust for the benefit of Mr. Sevin. The trustee has voting power over these Units and Mr. Sevin disclaims beneficial ownership of them.

F2: Granted pursuant to an Agreement with the Partnership dated as of December 1, 1999 (the "December 1999 Agreement"). Does not include an additional 47,390 (as adjusted) Units that will vest equally in two annual installments. All of these Units have been deposited in a trust for the benefit of Mr. Sevin. The trustee has voting power over these Units and Mr. Sevin disclaims beneficial ownership of them.

F3: Represents Senior Subordinated Units issued to Star Gas LLC, the general partner of the Partnership, pursuant to the Contingent Distribution. As a member of Star Gas LLC, Mr. Sevin may be deemed to share beneficial ownership of these Units, but he disclaims beneficial ownership in that number of Units that exceeds his proportionate interest in Star Gas LLC.

F4: Granted pursuant to the Partnership's Employee Unit Incentive Plan. Does not include 60,000 additional Units that will vest equally in three annual installments commencing on December 1, 2002, subject to the Partnership meeting certain performance goals. 20,000 of these Units have been deposited in a trust for the benefit of Mr. Sevin. The trustee has voting power over these Units and Mr. Sevin disclaims beneficial ownership of them.

F5: Granted pursuant to an Agreement with the Partnership dated as of December 28, 2001 (the "December 2001 Agreement"). Does not include an additional 24,750 Common Units that will vest equally in three annual installments. All of these Units have been deposited in a trust for the benefit of Mr. Sevin. The trustee has voting power over these Units and Mr. Sevin disclaims beneficial ownership of them.