Harry Weitzel - 03 Aug 2021 Form 4 Insider Report for ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)

Role
EVP, General Counsel & Sec, Director
Signature
/s/Jennifer W. Dickson, Attorney-in-Fact on behalf of Harry P. Weitzel
Issuer symbol
EPD
Transactions as of
03 Aug 2021
Net transactions value
-$88,380
Form type
4
Filing time
05 Aug 2021, 16:48:09 UTC
Previous filing
24 Jun 2021
Next filing
09 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +10,000 +8.9% 122,459 03 Aug 2021 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $88,380 -3,935 -3.2% $22.46 118,524 03 Aug 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction EPD Phantom Units Options Exercise $0 -10,000 -100% $0.000000* 0 03 Aug 2021 Common Units 10,000 Direct F1, F2
holding EPD Phantom Units 8,650 03 Aug 2021 Common Units 8,650 Direct F1, F3
holding EPD Phantom Units 22,500 03 Aug 2021 Common Units 22,500 Direct F1, F4
holding EPD Phantom Units 37,500 03 Aug 2021 Common Units 37,500 Direct F1, F5
holding EPD Phantom Units 85,000 03 Aug 2021 Common Units 85,000 Direct F1, F6, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each phantom unit is the economic equivalent of one Enterprise Products Partners L.P. ("EPD") common unit.
F2 These phantom units vested on August 3, 2021. These phantom units expired upon vesting and settlement thereof in exchange for an equal number of EPD common units.
F3 These phantom units vest in one remaining annual installment on February 16, 2022. The remaining annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
F4 These phantom units vest in two remaining equal annual installments beginning on February 16, 2022. Each remaining annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
F5 These phantom units vest in three remaining equal annual installments beginning on February 16, 2022. Each remaining annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
F6 These phantom units vest in four equal annual installments beginning on February 16, 2022. Each annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
F7 The power of attorney under which this form was signed is on file with the Commission.

Remarks:

Transaction Code M - Exercise or conversion of derivative security exempted pursuant to Rule 16b-3; Transaction Code F - Payment of exercise price or tax liability by delivering or withholding securities incident to the receipt, exercise or vesting of a security issued in accordance with Rule 16b-3