Harry Weitzel - Aug 3, 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
Stock symbol
EPD
Transactions as of
Aug 3, 2021
Transactions value $
-$88,380
Form type
4
Date filed
8/5/2021, 04:48 PM
Previous filing
Jun 24, 2021
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 Options Exercise +10K +8.89% 122K Aug 3, 2021 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$88.4K -3.94K -3.21% $22.46 119K Aug 3, 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 -10K -100% $0.00* 0 Aug 3, 2021 Common Units 10K Direct F1, F2
holding EPD Phantom Units 8.65K Aug 3, 2021 Common Units 8.65K Direct F1, F3
holding EPD Phantom Units 22.5K Aug 3, 2021 Common Units 22.5K Direct F1, F4
holding EPD Phantom Units 37.5K Aug 3, 2021 Common Units 37.5K Direct F1, F5
holding EPD Phantom Units 85K Aug 3, 2021 Common Units 85K 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