W. Randall Fowler - Feb 16, 2023 Form 4 Insider Report for ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)

Signature
/s/Jennifer W. Dickson, Attorney-in-Fact on behalf of W. Randall Fowler
Stock symbol
EPD
Transactions as of
Feb 16, 2023
Transactions value $
-$2,413,226
Form type
4
Date filed
2/21/2023, 03:48 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 +44K +3.9% 1.17M Feb 16, 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$464K -17.3K -1.48% $26.78 1.15M Feb 16, 2023 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +56.3K +4.87% 1.21M Feb 16, 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$593K -22.1K -1.83% $26.78 1.19M Feb 16, 2023 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +62.5K +5.26% 1.25M Feb 16, 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$659K -24.6K -1.97% $26.78 1.23M Feb 16, 2023 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +66.3K +5.4% 1.29M Feb 16, 2023 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$698K -26.1K -2.02% $26.78 1.27M Feb 16, 2023 Direct
holding EPD Common Units Representing Limited Partnership Interests 708K Feb 16, 2023 By Three Streams Partners, LP F2
holding EPD Common Units Representing Limited Partnership Interests 2.34K Feb 16, 2023 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 -44K -100% $0.00* 0 Feb 16, 2023 Common Units 44K Direct F1, F3
transaction EPD Phantom Units Options Exercise $0 -56.3K -50% $0.00 56.3K Feb 16, 2023 Common Units 56.3K Direct F1, F4
transaction EPD Phantom Units Options Exercise $0 -62.5K -33.33% $0.00 125K Feb 16, 2023 Common Units 62.5K Direct F1, F5
transaction EPD Phantom Units Options Exercise $0 -66.3K -25% $0.00 199K Feb 16, 2023 Common Units 66.3K Direct F1, F6
holding EPD Phantom Units 300K Feb 16, 2023 Common Units 300K Direct F1, F7, F8
* 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 The reporting person disclaims beneficial ownership of issuer common units held by Three Streams Partners, LP except to the extent of his pecuniary interest therein.
F3 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.
F4 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.
F5 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.
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 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.
F8 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