W. RANDALL FOWLER - 16 Feb 2024 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
Issuer symbol
EPD
Transactions as of
16 Feb 2024
Net transactions value
-$2,788,002
Form type
4
Filing time
21 Feb 2024, 16:10:43 UTC
Previous filing
08 Feb 2024
Next filing
10 Feb 2025

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 +56,250 +4.4% 1,335,124 16 Feb 2024 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $603,179 -22,135 -1.7% $27.25 1,312,989 16 Feb 2024 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +62,500 +4.8% 1,375,489 16 Feb 2024 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $670,186 -24,594 -1.8% $27.25 1,350,895 16 Feb 2024 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +66,250 +4.9% 1,417,145 16 Feb 2024 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $710,408 -26,070 -1.8% $27.25 1,391,075 16 Feb 2024 Direct
transaction EPD Common Units Representing Limited Partnership Interests Options Exercise +75,000 +5.4% 1,466,075 16 Feb 2024 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability $804,229 -29,513 -2% $27.25 1,436,562 16 Feb 2024 Direct
holding EPD Common Units Representing Limited Partnership Interests 708,419 16 Feb 2024 By Three Streams Partners, LP F2
holding EPD Common Units Representing Limited Partnership Interests 2,339 16 Feb 2024 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 -56,250 -100% $0.000000* 0 16 Feb 2024 Common Units 56,250 Direct F1, F3
transaction EPD Phantom Units Options Exercise $0 -62,500 -50% $0.000000 62,500 16 Feb 2024 Common Units 62,500 Direct F1, F4
transaction EPD Phantom Units Options Exercise $0 -66,250 -33% $0.000000 132,500 16 Feb 2024 Common Units 66,250 Direct F1, F5
transaction EPD Phantom Units Options Exercise $0 -75,000 -25% $0.000000 225,000 16 Feb 2024 Common Units 75,000 Direct F1, F6
holding EPD Phantom Units 310,000 16 Feb 2024 Common Units 310,000 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 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, 2024. 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, 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 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.
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 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.
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