Aj Teague - Feb 16, 2024 Form 4 Insider Report for ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)

Signature
/s/Jennifer W. Dickson, Attorney-in-Fact on Behalf of A. James Teague
Stock symbol
EPD
Transactions as of
Feb 16, 2024
Transactions value $
-$2,788,002
Form type
4
Date filed
2/21/2024, 04:11 PM
Previous filing
Feb 8, 2024
Next filing
Aug 27, 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 +56.3K +2.23% 2.58M Feb 16, 2024 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$603K -22.1K -0.86% $27.25 2.56M Feb 16, 2024 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +62.5K +2.44% 2.62M Feb 16, 2024 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$670K -24.6K -0.94% $27.25 2.6M Feb 16, 2024 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +66.3K +2.55% 2.66M Feb 16, 2024 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$710K -26.1K -0.98% $27.25 2.64M Feb 16, 2024 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +75K +2.85% 2.71M Feb 16, 2024 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$804K -29.5K -1.09% $27.25 2.68M Feb 16, 2024 Direct
holding EPD Common Units Representing Limited Partnership Interests 70.7K Feb 16, 2024 By Trust
holding EPD Common Units Representing Limited Partnership Interests 41.2K Feb 16, 2024 By Spouse
holding EPD Common Units Representing Limited Partnership Interests 6.06K Feb 16, 2024 By Minor Children

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 -56.3K -100% $0.00* 0 Feb 16, 2024 Common Units 56.3K Direct F1, F2
transaction EPD Phantom Units Options Exercise $0 -62.5K -50% $0.00 62.5K Feb 16, 2024 Common Units 62.5K Direct F1, F3
transaction EPD Phantom Units Options Exercise $0 -66.3K -33.33% $0.00 133K Feb 16, 2024 Common Units 66.3K Direct F1, F4
transaction EPD Phantom Units Options Exercise $0 -75K -25% $0.00 225K Feb 16, 2024 Common Units 75K Direct F1, F5
holding EPD Phantom Units 310K Feb 16, 2024 Common Units 310K 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 EPD common unit.
F2 These phantom units vested in one remaining annual installment on February 16, 2024. 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, 2024. 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, 2024. 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, 2024. 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, 2025. 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