Aj Teague - Feb 16, 2022 Form 4 Insider Report for ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)

Role
Co-Chief Executive Officer, Director
Signature
/s/Jennifer W. Dickson, Attorney-in-Fact on behalf of A. James Teague
Stock symbol
EPD
Transactions as of
Feb 16, 2022
Transactions value $
-$2,000,382
Form type
4
Date filed
2/18/2022, 04:54 PM
Previous filing
Feb 9, 2022
Next filing
Aug 25, 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 +40.7K +1.88% 2.2M Feb 16, 2022 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$384K -16K -0.73% $23.99 2.18M Feb 16, 2022 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +52.5K +2.4% 2.24M Feb 16, 2022 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$496K -20.7K -0.92% $23.99 2.22M Feb 16, 2022 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +56.3K +2.54% 2.27M Feb 16, 2022 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$531K -22.1K -0.97% $23.99 2.25M Feb 16, 2022 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +62.5K +2.78% 2.31M Feb 16, 2022 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$590K -24.6K -1.06% $23.99 2.29M Feb 16, 2022 Direct
holding EPD Common Units Representing Limited Partnership Interests 66.7K Feb 16, 2022 By Trust
holding EPD Common Units Representing Limited Partnership Interests 40.1K Feb 16, 2022 By Spouse

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 -40.7K -100% $0.00* 0 Feb 16, 2022 Common Units 40.7K Direct F1, F2
transaction EPD Phantom Units Options Exercise $0 -52.5K -50% $0.00 52.5K Feb 16, 2022 Common Units 52.5K Direct F1, F3
transaction EPD Phantom Units Options Exercise $0 -56.3K -33.33% $0.00 113K Feb 16, 2022 Common Units 56.3K Direct F1, F4
transaction EPD Phantom Units Options Exercise $0 -62.5K -25% $0.00 188K Feb 16, 2022 Common Units 62.5K Direct F1, F5
holding EPD Phantom Units 265K Feb 16, 2022 Common Units 265K 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