Randa Duncan Williams - Jun 22, 2021 Form 4 Insider Report for ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)

Signature
/s/Christopher S. Wade, Attorney-in-Fact on behalf of Randa Duncan Williams and Vice President-Legal of EPCO and EPCO Holdings
Stock symbol
EPD
Transactions as of
Jun 22, 2021
Transactions value $
$0
Form type
4
Date filed
6/24/2021, 04:27 PM
Next filing
Feb 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EPD Common Units Representing Limited Partnership Interests Other $0 -2.83M -100% $0.00* 0 Jun 22, 2021 By EPD PubCo II F2, F3
transaction EPD Common Units Representing Limited Partnership Interests Other $0 +2.61M +0.44% $0.00 596M Jun 22, 2021 By EPCO Holdings F4, F5
transaction EPD Common Units Representing Limited Partnership Interests Other $0 -1.11M -100% $0.00* 0 Jun 22, 2021 By EPD PrivCo I F6, F7
transaction EPD Common Units Representing Limited Partnership Interests Other $0 +1.02M +0.17% $0.00 597M Jun 22, 2021 By EPCO Holdings F5, F8
holding EPD Common Units Representing Limited Partnership Interests 74.8M Jun 22, 2021 By EPCO F1
holding EPD Common Units Representing Limited Partnership Interests 6.4M Jun 22, 2021 By EPD IV F9, F10
holding EPD Common Units Representing Limited Partnership Interests 1.6M Jun 22, 2021 By EPCO II F11, F12
holding EPD Common Units Representing Limited Partnership Interests 4.92M Jun 22, 2021 By RDW Family Trust F13
holding EPD Common Units Representing Limited Partnership Interests 4.92M Jun 22, 2021 By DGD Family Trust F14
holding EPD Common Units Representing Limited Partnership Interests 4.92M Jun 22, 2021 By MDF Family Trust F15
holding EPD Common Units Representing Limited Partnership Interests 4.92M Jun 22, 2021 By SDD Family Trust F16
holding EPD Common Units Representing Limited Partnership Interests 470K Jun 22, 2021 By RLD Grantor Trust F17
holding EPD Common Units Representing Limited Partnership Interests 470K Jun 22, 2021 By DGD Grantor Trust F18
holding EPD Common Units Representing Limited Partnership Interests 470K Jun 22, 2021 By MDD Grantor Trust F19
holding EPD Common Units Representing Limited Partnership Interests 470K Jun 22, 2021 By SDD Irrevocable Trust F20
holding EPD Common Units Representing Limited Partnership Interests 464K Jun 22, 2021 By A&W Ltd. F21
holding EPD Common Units Representing Limited Partnership Interests 77.2K Jun 22, 2021 By Chaswil, Ltd. F22
holding EPD Common Units Representing Limited Partnership Interests 182K Jun 22, 2021 Direct
holding EPD Common Units Representing Limited Partnership Interests 9.09K Jun 22, 2021 By Spouse
holding EPD Common Units Representing Limited Partnership Interests 4.04K Jun 22, 2021 Jointly with Spouse F23
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These common units representing limited partner interests in the issuer ("Common Units") are owned directly by Enterprise Products Company ("EPCO"). Ms. Williams serves as one of three voting trustees who collectively have voting and dispositive power over the outstanding voting stock of EPCO. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by EPCO, except to the extent of her pecuniary interest therein.
F2 These Common Units were disposed of upon the dissolution of EPD PubCo Unit II L.P., a Delaware limited partnership ("EPD PubCo II"), effective as of June 22, 2021.
F3 Prior to the dissolution described above, these Common Units were owned directly by EPD PubCo II, which was established for the benefit of certain EPCO employees who were its Class B limited partners. Prior to such dissolution, (a) EPCO Holdings, Inc. ("EPCO Holdings") was the sole Class A limited partner of EPD PubCo II, (b) EPCO was the general partner of EPD PubCo II, and (c) the Common Units owned directly by EPD PubCo II were beneficially owned by EPCO and EPCO Holdings to the extent of the interest of EPCO Holdings in these securities as a Class A limited partner in EPD PubCo II.
F4 These Common Units were distributed to EPCO Holdings by EPD PubCo II effective as of June 22, 2021 in connection with the dissolution of EPD PubCo II on such date. Prior to the dissolution of EPD PubCo II, EPCO Holdings was the Class A limited partner of EPD PubCo II. The remaining Common Units previously owned directly by EPD PubCo II were distributed to the Class B limited partners of EPD PubCo II upon such dissolution.
F5 These Common Units are owned directly by EPCO Holdings, which is a direct wholly owned subsidiary of EPCO. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by EPCO Holdings, except to the extent of her pecuniary interest therein.
F6 These Common Units were disposed of upon the dissolution of EPD PrivCo Unit I L.P., a Delaware limited partnership ("EPD PrivCo I"), effective as of June 22, 2021.
F7 Prior to the dissolution described above, these Common Units were owned directly by EPD PrivCo I, which was established for the benefit of certain EPCO employees who were its Class B limited partners. Prior to such dissolution, (a) EPCO Holdings was the sole Class A limited partner of EPD PrivCo I, (b) EPCO was the general partner of EPD PrivCo I, and (c) the Common Units owned directly by EPD PrivCo I were beneficially owned by EPCO and EPCO Holdings to the extent of the interest of EPCO Holdings in these securities as a Class A limited partner in EPD PrivCo I.
F8 These Common Units were distributed to EPCO Holdings by EPD PrivCo I effective as of June 22, 2021 in connection with the dissolution of EPD PrivCo I on such date. Prior to the dissolution of EPD PrivCo I, EPCO Holdings was the Class A limited partner of EPD PrivCo I. The remaining Common Units previously owned directly by EPD PrivCo I were distributed to the Class B limited partners of EPD PrivCo I upon such dissolution.
F9 These Common Units are owned directly by EPD 2018 Unit IV L.P., a Delaware limited partnership ("EPD IV"), established for the benefit of certain EPCO employees who are its Class B limited partners. EPCO Holdings is the sole Class A limited partner and EPCO is the general partner of EPD IV. The Common Units are beneficially owned by EPCO and EPCO Holdings to the extent of the interest of EPCO Holdings in these securities as a Class A limited partner in EPD IV. Ms. Williams disclaims beneficial ownership of these Common Units, except to the extent of her pecuniary interest therein.
F10 Within 30 days after December 3, 2023 (or an earlier vesting date), EPD IV will be liquidated and expects to distribute to the Class A limited partner a total number of Common Units having a fair market value equal to $172,928,000. Any remaining Common Units will be either distributed to the Class B limited partners in kind, or sold with the resulting proceeds distributed, pro rata relative to their share in EPD IV. The Class B limited partner interests are subject to forfeiture.
F11 These Common Units are owned directly by EPCO Unit II L.P., a Delaware limited partnership ("EPCO II"), established for the benefit of certain EPCO employees who are its Class B limited partners. EPCO Holdings is the sole Class A limited partner and EPCO is the general partner of EPCO II. The Common Units are beneficially owned by EPCO and EPCO Holdings to the extent of the interest of EPCO Holdings in these securities as a Class A limited partner in EPCO II. Ms. Williams disclaims beneficial ownership of these Common Units, except to the extent of her pecuniary interest therein.
F12 Within 30 days after December 3, 2023 (or an earlier vesting date), EPCO II will be liquidated and expects to distribute to the Class A limited partner a total number of Common Units having a fair market value equal to $43,232,000. Any remaining Common Units will be either distributed to the Class B limited partners in kind, or sold with the resulting proceeds distributed, pro rata relative to their share in EPCO II. The Class B limited partner interests are subject to forfeiture.
F13 These Common Units are owned directly by The Randa Duncan Williams 2018 Family Trust (the "RDW Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the RDW Family Trust, except to the extent of her pecuniary interest therein.
F14 These Common Units are owned directly by The Dannine Gale Duncan 2018 Family Trust (the "DGD Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the DGD Family Trust, except to the extent of her pecuniary interest therein.
F15 These Common Units are owned directly by The Milane Duncan Frantz 2018 Family Trust (the "MDF Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the MDF Family Trust, except to the extent of her pecuniary interest therein.
F16 These Common Units are owned directly by The Scott D. Duncan 2003 Family Trust (the "SDD Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the SDD Family Trust, except to the extent of her pecuniary interest therein.
F17 These Common Units are owned directly by The Randa Lynn Duncan 1990 Grantor Trust (the "RLD Grantor Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the RLD Grantor Trust, except to the extent of her pecuniary interest therein.
F18 These Common Units are owned directly by The Dannine Gale Duncan 1990 Grantor Trust (the "DGD Grantor Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the DGD Grantor Trust, except to the extent of her pecuniary interest therein.
F19 These Common Units are owned directly by The Milane Diane Duncan 1990 Grantor Trust (the "MDD Grantor Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the MDD Grantor Trust, except to the extent of her pecuniary interest therein.
F20 These Common Units are owned directly by The Scott Daniel Duncan Irrevocable Trust (the "SDD Irrevocable Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the SDD Irrevocable Trust, except to the extent of her pecuniary interest therein.
F21 These Common Units are owned directly by Alkek and Williams, Ltd. ("A&W Ltd."), an affiliate of Ms. Williams' spouse. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by A&W Ltd., except to the extent of her pecuniary interest therein. Includes Common Units acquired in the issuer's distribution reinvestment plan.
F22 These Common Units are owned directly by Chaswil, Ltd., an affiliate of Ms. Williams' spouse. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by Chaswil, Ltd., except to the extent of her pecuniary interest therein. Includes Common Units acquired in the issuer's distribution reinvestment plan.
F23 The power of attorney under which this form was signed is on file with the Commission.

Remarks:

Transaction Code J - Other acquisition or disposition (describe transaction)