Graham W. Bacon - Feb 16, 2023 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
Stock symbol
EPD
Transactions as of
Feb 16, 2023
Transactions value $
-$961,616
Form type
4
Date filed
2/21/2023, 03:41 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 +21.3K +5% 447K Feb 16, 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$224K -8.36K -1.87% $26.78 438K Feb 16, 2023 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +22.5K +5.13% 461K Feb 16, 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$237K -8.85K -1.92% $26.78 452K Feb 16, 2023 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +23.8K +5.26% 476K Feb 16, 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$250K -9.35K -1.96% $26.78 466K Feb 16, 2023 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +23.8K +5.09% 490K Feb 16, 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$250K -9.35K -1.91% $26.78 481K 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 -21.3K -100% $0.00* 0 Feb 16, 2023 Common Units 21.3K Direct F1, F2
transaction EPD Phantom Units Options Exercise $0 -22.5K -50% $0.00 22.5K Feb 16, 2023 Common Units 22.5K Direct F1, F3
transaction EPD Phantom Units Options Exercise $0 -23.8K -33.33% $0.00 47.5K Feb 16, 2023 Common Units 23.8K Direct F1, F4
transaction EPD Phantom Units Options Exercise $0 -23.8K -25% $0.00 71.3K Feb 16, 2023 Common Units 23.8K Direct F1, F5
holding EPD Phantom Units 100K Feb 16, 2023 Common Units 100K 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