Randa Duncan Williams - Feb 8, 2024 Form 4 Insider Report for ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)

Signature
/s/Jennifer W. Dickson, Attorney-in-Fact on behalf of Randa Duncan Williams and Assistant Secretary of EPCO and EPCO Holdings
Stock symbol
EPD
Transactions as of
Feb 8, 2024
Transactions value $
$0
Form type
4
Date filed
2/8/2024, 06:18 PM
Previous filing
Mar 31, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding EPD Common Units Representing Limited Partnership Interests 610K Feb 8, 2024 Direct
holding EPD Common Units Representing Limited Partnership Interests 74.8M Feb 8, 2024 By EPCO F1
holding EPD Common Units Representing Limited Partnership Interests 597M Feb 8, 2024 By EPCO Holdings F2
holding EPD Common Units Representing Limited Partnership Interests 6.4M Feb 8, 2024 By EPD IV F3, F4
holding EPD Common Units Representing Limited Partnership Interests 1.6M Feb 8, 2024 By EPCO II F5, F6
holding EPD Common Units Representing Limited Partnership Interests 4.92M Feb 8, 2024 By RDW 2018 Family Trust F7
holding EPD Common Units Representing Limited Partnership Interests 4.92M Feb 8, 2024 By DGD 2018 Family Trust F8
holding EPD Common Units Representing Limited Partnership Interests 4.92M Feb 8, 2024 By MDF 2018 Family Trust F9
holding EPD Common Units Representing Limited Partnership Interests 1.64M Feb 8, 2024 By RDW 2023 Family Trust F10
holding EPD Common Units Representing Limited Partnership Interests 1.64M Feb 8, 2024 By DGD 2023 Family Trust F11
holding EPD Common Units Representing Limited Partnership Interests 1.64M Feb 8, 2024 By MDF 2023 Family Trust F12
holding EPD Common Units Representing Limited Partnership Interests 470K Feb 8, 2024 By RLD Grantor Trust F13
holding EPD Common Units Representing Limited Partnership Interests 470K Feb 8, 2024 By DGD Grantor Trust F14
holding EPD Common Units Representing Limited Partnership Interests 470K Feb 8, 2024 By MDD Grantor Trust F15
holding EPD Common Units Representing Limited Partnership Interests 558K Feb 8, 2024 By A&W Ltd. F16
holding EPD Common Units Representing Limited Partnership Interests 92.9K Feb 8, 2024 By Chaswil, Ltd. F17
holding EPD Common Units Representing Limited Partnership Interests 9.09K Feb 8, 2024 By Spouse
holding EPD Common Units Representing Limited Partnership Interests 4.04K Feb 8, 2024 Jointly with 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 Award $0 +550K $0.00 550K Feb 8, 2024 Common Units 550K Direct F18, F23, F24
holding EPD Phantom Units 400K Feb 8, 2024 Common Units 400K Direct F18, F19
holding EPD Phantom Units 450K Feb 8, 2024 Common Units 450K Direct F18, F20
holding EPD Phantom Units 482K Feb 8, 2024 Common Units 482K Direct F18, F21
holding EPD Phantom Units 535K Feb 8, 2024 Common Units 535K Direct F18, F22
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These common units representing limited partner interests in the issuer ("Common Units") are owned directly by Enterprise Products Company ("EPCO"). Ms. Williams serves as one of three voting trustees who collectively have voting and dispositive power over the outstanding voting stock of EPCO. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by EPCO, except to the extent of her pecuniary interest therein.
F2 These Common Units are owned directly by EPCO Holdings, Inc. ("EPCO Holdings"), which is a direct wholly owned subsidiary of EPCO. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by EPCO Holdings, except to the extent of her pecuniary interest therein.
F3 These Common Units are owned directly by EPD 2018 Unit IV L.P., a Delaware limited partnership ("EPD IV"), established for the benefit of certain EPCO employees who are its Class B limited partners. EPCO Holdings is the sole Class A limited partner and EPCO is the general partner of EPD IV. The Common Units are beneficially owned by EPCO and EPCO Holdings to the extent of the interest of EPCO Holdings in these securities as a Class A limited partner in EPD IV. Ms. Williams disclaims beneficial ownership of these Common Units, except to the extent of her pecuniary interest therein.
F4 Within 30 days after December 3, 2027 (or an earlier vesting date), EPD IV will be liquidated and expects to distribute to the Class A limited partner a total number of Common Units having a fair market value equal to $172,928,000. Any remaining Common Units will be either distributed to the Class B limited partners in kind, or sold with the resulting proceeds distributed, pro rata relative to their share in EPD IV. The Class B limited partner interests are subject to forfeiture.
F5 These Common Units are owned directly by EPCO Unit II L.P., a Delaware limited partnership ("EPCO II"), established for the benefit of certain EPCO employees who are its Class B limited partners. EPCO Holdings is the sole Class A limited partner and EPCO is the general partner of EPCO II. The Common Units are beneficially owned by EPCO and EPCO Holdings to the extent of the interest of EPCO Holdings in these securities as a Class A limited partner in EPCO II. Ms. Williams disclaims beneficial ownership of these Common Units, except to the extent of her pecuniary interest therein.
F6 Within 30 days after December 3, 2027 (or an earlier vesting date), EPCO II will be liquidated and expects to distribute to the Class A limited partner a total number of Common Units having a fair market value equal to $43,232,000. Any remaining Common Units will be either distributed to the Class B limited partners in kind, or sold with the resulting proceeds distributed, pro rata relative to their share in EPCO II. The Class B limited partner interests are subject to forfeiture.
F7 These Common Units are owned directly by The Randa Duncan Williams 2018 Family Trust (the "RDW 2018 Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the RDW 2018 Family Trust, except to the extent of her pecuniary interest therein.
F8 These Common Units are owned directly by The Dannine Gale Duncan 2018 Family Trust (the "DGD 2018 Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the DGD 2018 Family Trust, except to the extent of her pecuniary interest therein.
F9 These Common Units are owned directly by The Milane Duncan Frantz 2018 Family Trust (the "MDF 2018 Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the MDF 2018 Family Trust, except to the extent of her pecuniary interest therein.
F10 These Common Units are owned directly by The Randa Duncan Williams 2023 Family Trust (the "RDW 2023 Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the RDW 2023 Family Trust, except to the extent of her pecuniary interest therein.
F11 These Common Units are owned directly by The Dannine Gale Duncan 2023 Family Trust (the "DGD 2023 Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the DGD 2023 Family Trust, except to the extent of her pecuniary interest therein.
F12 These Common Units are owned directly by The Milane Duncan Frantz 2023 Family Trust (the "MDF 2023 Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the MDF 2023 Family Trust, except to the extent of her pecuniary interest therein.
F13 These Common Units are owned directly by The Randa Lynn Duncan 1990 Grantor Trust (the "RLD Grantor Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the RLD Grantor Trust, except to the extent of her pecuniary interest therein.
F14 These Common Units are owned directly by The Dannine Gale Duncan 1990 Grantor Trust (the "DGD Grantor Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the DGD Grantor Trust, except to the extent of her pecuniary interest therein.
F15 These Common Units are owned directly by The Milane Diane Duncan 1990 Grantor Trust (the "MDD Grantor Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the MDD Grantor Trust, except to the extent of her pecuniary interest therein.
F16 These Common Units are owned directly by Alkek and Williams, Ltd. ("A&W Ltd."), an affiliate of Ms. Williams' spouse. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by A&W Ltd., except to the extent of her pecuniary interest therein. Includes Common Units acquired in the issuer's distribution reinvestment plan.
F17 These Common Units are owned directly by Chaswil, Ltd., an affiliate of Ms. Williams' spouse. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by Chaswil, Ltd., except to the extent of her pecuniary interest therein. Includes Common Units acquired in the issuer's distribution reinvestment plan.
F18 Each phantom unit is the economic equivalent of one EPD Common Unit.
F19 These phantom units vest on February 16, 2024. These phantom units will expire upon vesting and settlement thereof in exchange for an equal number of EPD Common Units.
F20 These phantom units vest on February 16, 2025. These phantom units will expire upon vesting and settlement thereof in exchange for an equal number of EPD Common Units.
F21 These phantom units vest on February 16, 2026. These phantom units will expire upon vesting and settlement thereof in exchange for an equal number of EPD Common Units.
F22 These phantom units vest on February 16, 2027. These phantom units will expire upon vesting and settlement thereof in exchange for an equal number of EPD Common Units.
F23 These phantom units vest on February 16, 2028. These phantom units will expire upon vesting and settlement thereof in exchange for an equal number of EPD Common Units.
F24 The power of attorney under which this form was signed is on file with the Commission.

Remarks:

Transaction Code A - Grant, award or other acquisition pursuant to Rule 16b-3(d)