Harry Weitzel - 16 Feb 2023 Form 4 Insider Report for ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)

Role
EVP, General Counsel & Sec, Director
Signature
/s/Jennifer W. Dickson, Attorney-in-Fact on behalf of Harry P. Weitzel
Issuer symbol
EPD
Transactions as of
16 Feb 2023
Net transactions value
-$704,742
Form type
4
Filing time
21 Feb 2023, 15:46:19 UTC
Previous filing
09 Feb 2023
Next filing
08 Feb 2024
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 +11,250 +7.4% 162,312 16 Feb 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $118,555 -4,427 -2.7% $26.78 157,885 16 Feb 2023 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +12,500 +7.9% 170,385 16 Feb 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $131,731 -4,919 -2.9% $26.78 165,466 16 Feb 2023 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +21,250 +13% 186,716 16 Feb 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $223,934 -8,362 -4.5% $26.78 178,354 16 Feb 2023 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +21,875 +12% 200,229 16 Feb 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $230,522 -8,608 -4.3% $26.78 191,621 16 Feb 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 -11,250 -100% $0.000000* 0 16 Feb 2023 Common Units 11,250 Direct F1, F2
transaction EPD Phantom Units Options Exercise $0 -12,500 -50% $0.000000 12,500 16 Feb 2023 Common Units 12,500 Direct F1, F3
transaction EPD Phantom Units Options Exercise $0 -21,250 -33% $0.000000 42,500 16 Feb 2023 Common Units 21,250 Direct F1, F4
transaction EPD Phantom Units Options Exercise $0 -21,875 -25% $0.000000 65,625 16 Feb 2023 Common Units 21,875 Direct F1, F5
holding EPD Phantom Units 95,000 16 Feb 2023 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, 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