Graham W. Bacon - 16 Feb 2022 Form 4 Insider Report for ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)

Role
Executive Vice President & COO
Signature
/s/Jennifer W. Dickson, Attorney-in-Fact on behalf of Graham W. Bacon
Issuer symbol
EPD
Transactions as of
16 Feb 2022
Net transactions value
-$797,715
Form type
4
Filing time
18 Feb 2022, 16:40:08 UTC
Previous filing
09 Feb 2022
Next filing
09 Feb 2023
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 +17,000 +4.5% 391,101 16 Feb 2022 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $160,493 -6,690 -1.7% $23.99 384,411 16 Feb 2022 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +21,250 +5.5% 405,661 16 Feb 2022 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $200,604 -8,362 -2.1% $23.99 397,299 16 Feb 2022 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +22,500 +5.7% 419,799 16 Feb 2022 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $212,407 -8,854 -2.1% $23.99 410,945 16 Feb 2022 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +23,750 +5.8% 434,695 16 Feb 2022 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $224,211 -9,346 -2.2% $23.99 425,349 16 Feb 2022 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 -17,000 -100% $0.000000* 0 16 Feb 2022 Common Units 17,000 Direct F1, F2
transaction EPD Phantom Units Options Exercise $0 -21,250 -50% $0.000000 21,250 16 Feb 2022 Common Units 21,250 Direct F1, F3
transaction EPD Phantom Units Options Exercise $0 -22,500 -33% $0.000000 45,000 16 Feb 2022 Common Units 22,500 Direct F1, F4
transaction EPD Phantom Units Options Exercise $0 -23,750 -25% $0.000000 71,250 16 Feb 2022 Common Units 23,750 Direct F1, F5
holding EPD Phantom Units 95,000 16 Feb 2022 Common Units 95,000 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 in one remaining annual installment on February 16, 2022. The remaining annual installment expired upon vesting and settlement thereof in exchange for an equal number of EPD common units.
F3 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.
F4 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.
F5 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.
F6 These phantom units vest in four equal annual installments beginning on February 16, 2023. 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