Christian M. Nelly - Feb 16, 2023 Form 4 Insider Report for ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)

Role
EVP-Fin/Sustain. and Treasurer
Signature
/s/Jennifer W. Dickson, Attorney-in-Fact on behalf of Christian M. Nelly
Stock symbol
EPD
Transactions as of
Feb 16, 2023
Transactions value $
-$619,154
Form type
4
Date filed
2/21/2023, 03:34 PM
Previous filing
Feb 9, 2023
Next filing
Feb 8, 2024

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 +6.25K +5.2% 126K Feb 16, 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$65.9K -2.46K -1.95% $26.78 124K Feb 16, 2023 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +10.8K +8.67% 135K Feb 16, 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$113K -4.23K -3.14% $26.78 130K Feb 16, 2023 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +20.5K +15.71% 151K Feb 16, 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$216K -8.07K -5.34% $26.78 143K Feb 16, 2023 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +21.3K +14.87% 164K Feb 16, 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$224K -8.36K -5.09% $26.78 156K Feb 16, 2023 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 -6.25K -100% $0.00* 0 Feb 16, 2023 Common Units 6.25K Direct F1, F2
transaction EPD Phantom Units Options Exercise $0 -10.8K -50% $0.00 10.8K Feb 16, 2023 Common Units 10.8K Direct F1, F3
transaction EPD Phantom Units Options Exercise $0 -20.5K -33.33% $0.00 41K Feb 16, 2023 Common Units 20.5K Direct F1, F4
transaction EPD Phantom Units Options Exercise $0 -21.3K -25% $0.00 63.8K Feb 16, 2023 Common Units 21.3K Direct F1, F5
holding EPD Phantom Units 92.5K Feb 16, 2023 Common Units 92.5K 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, 2023. 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, 2023. 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, 2023. 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, 2023. 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, 2024. 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