Randa Duncan Williams - Feb 16, 2025 Form 4 Insider Report for ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)

Role
Director, 10%+ Owner
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 16, 2025
Transactions value $
-$5,970,969
Form type
4
Date filed
2/19/2025, 05:55 PM
Previous filing
Feb 10, 2025
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 +450K +52.81% 1.3M Feb 16, 2025 Direct F1
transaction EPD Common Units Representing Limited Partnership Interests Tax liability -$5.97M -177K -13.6% $33.72 1.13M Feb 16, 2025 Direct
holding EPD Common Units Representing Limited Partnership Interests 74.8M Feb 16, 2025 By EPCO F2
holding EPD Common Units Representing Limited Partnership Interests 605M Feb 16, 2025 By EPCO Holdings F3
holding EPD Common Units Representing Limited Partnership Interests 4.92M Feb 16, 2025 By RDW 2018 Family Trust F4
holding EPD Common Units Representing Limited Partnership Interests 4.92M Feb 16, 2025 By DGD 2018 Family Trust F5
holding EPD Common Units Representing Limited Partnership Interests 4.92M Feb 16, 2025 By MDF 2018 Family Trust F6
holding EPD Common Units Representing Limited Partnership Interests 1.64M Feb 16, 2025 By RDW 2023 Family Trust F7
holding EPD Common Units Representing Limited Partnership Interests 1.64M Feb 16, 2025 By DGD 2023 Family Trust F8
holding EPD Common Units Representing Limited Partnership Interests 1.64M Feb 16, 2025 By MDF 2023 Family Trust F9
holding EPD Common Units Representing Limited Partnership Interests 470K Feb 16, 2025 By RLD Grantor Trust F10
holding EPD Common Units Representing Limited Partnership Interests 470K Feb 16, 2025 By DGD Grantor Trust F11
holding EPD Common Units Representing Limited Partnership Interests 470K Feb 16, 2025 By MDD Grantor Trust F12
holding EPD Common Units Representing Limited Partnership Interests 609K Feb 16, 2025 By A&W Ltd. F13
holding EPD Common Units Representing Limited Partnership Interests 101K Feb 16, 2025 By Chaswil, Ltd. F14
holding EPD Common Units Representing Limited Partnership Interests 9.09K Feb 16, 2025 By Spouse
holding EPD Common Units Representing Limited Partnership Interests 4.04K Feb 16, 2025 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 Options Exercise $0 -450K -100% $0.00 0 Feb 16, 2025 Common Units 450K Direct F1, F15
holding EPD Phantom Units 482K Feb 16, 2025 Common Units 482K Direct F1, F16
holding EPD Phantom Units 535K Feb 16, 2025 Common Units 535K Direct F1, F17
holding EPD Phantom Units 550K Feb 16, 2025 Common Units 550K Direct F1, F18
holding EPD Phantom Units 475K Feb 16, 2025 Common Units 475K Direct F1, F19, F20
* 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 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.
F3 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.
F4 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.
F5 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.
F6 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.
F7 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.
F8 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.
F9 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.
F10 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.
F11 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.
F12 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.
F13 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.
F14 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.
F15 These phantom units vested on February 16, 2025. These phantom units expired upon vesting and settlement thereof in exchange for an equal number of EPD Common Units.
F16 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.
F17 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.
F18 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.
F19 These phantom units vest on February 16, 2029. These phantom units will expire upon vesting and settlement thereof in exchange for an equal number of EPD Common Units.
F20 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