W. RANDALL FOWLER - 16 Feb 2022 Form 4 Insider Report for ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)

Role: Co-CEO and CFO, Director
Signature: /s/Jennifer W. Dickson, Attorney-in-Fact on behalf of W. Randall Fowler
Issuer symbol: EPD
Transactions as of: 16 Feb 2022
Net transactions value: -$1,857,594
Form type: 4
Filing time: 18 Feb 2022, 16:51:03 UTC
Previous filing: 09 Feb 2022
Next filing: 09 Feb 2023
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		+34,025	+3.4%		1,031,253	16 Feb 2022	Direct	F1
transaction	EPD	Common Units Representing Limited Partnership Interests	Tax liability	$321,202	-13,389	-1.3%	$23.99	1,017,864	16 Feb 2022	Direct
transaction	EPD	Common Units Representing Limited Partnership Interests	Options Exercise		+44,000	+4.3%		1,061,864	16 Feb 2022	Direct	F1
transaction	EPD	Common Units Representing Limited Partnership Interests	Tax liability	$415,363	-17,314	-1.6%	$23.99	1,044,550	16 Feb 2022	Direct
transaction	EPD	Common Units Representing Limited Partnership Interests	Options Exercise		+56,250	+5.4%		1,100,800	16 Feb 2022	Direct	F1
transaction	EPD	Common Units Representing Limited Partnership Interests	Tax liability	$531,019	-22,135	-2%	$23.99	1,078,665	16 Feb 2022	Direct
transaction	EPD	Common Units Representing Limited Partnership Interests	Options Exercise		+62,500	+5.8%		1,141,165	16 Feb 2022	Direct	F1
transaction	EPD	Common Units Representing Limited Partnership Interests	Tax liability	$590,010	-24,594	-2.2%	$23.99	1,116,571	16 Feb 2022	Direct
holding	EPD	Common Units Representing Limited Partnership Interests						708,419	16 Feb 2022	By Three Streams Partners	F2
holding	EPD	Common Units Representing Limited Partnership Interests						2,339	16 Feb 2022	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	Ownership	Footnotes
transaction	EPD	Phantom Units	Options Exercise	$0	-34,025	-100%	$0.000000^*	0	16 Feb 2022	Common Units	34,025	Direct	F1, F3
transaction	EPD	Phantom Units	Options Exercise	$0	-44,000	-50%	$0.000000	44,000	16 Feb 2022	Common Units	44,000	Direct	F1, F4
transaction	EPD	Phantom Units	Options Exercise	$0	-56,250	-33%	$0.000000	112,500	16 Feb 2022	Common Units	56,250	Direct	F1, F5
transaction	EPD	Phantom Units	Options Exercise	$0	-62,500	-25%	$0.000000	187,500	16 Feb 2022	Common Units	62,500	Direct	F1, F6
holding	EPD	Phantom Units						265,000	16 Feb 2022	Common Units	265,000	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, 2022. 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, 2022. 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, 2022. 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, 2022. 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, 2023. 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