Matthew S. Ramsey - Dec 5, 2021 Form 4 Insider Report for Energy Transfer LP (ET)

Signature
Peggy J. Harrison, Attorney-in-fact for Mr. Ramsey
Stock symbol
ET
Transactions as of
Dec 5, 2021
Transactions value $
-$639,235
Form type
4
Date filed
12/7/2021, 06:00 PM
Next filing
Dec 13, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ET Common Units Tax liability -$639K -74.3K -6.96% $8.61 993K Dec 5, 2021 Direct F1

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
holding ET Phantom Units 89.6K Dec 5, 2021 Common Units 89.6K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Payment of tax liability by withholding securities incident to the vesting of Restricted Units issued under one of the Energy Transfer LP Long-Term Incentive Plans (LTIP). This method is the default option for payment of tax liability upon vesting of LTIP awards.
F2 Phantom units previously granted under the Amended and Restated Energy Transfer LP Long-Term Incentive Plan that may vest in Partnership units, cash or other securities, generally contingent upon the reporting person's continued employment with the issuer or one of its affiliates on each applicable vesting date.