SEC Form 4 · accession 0001209191-15-016913
ENTERPRISE PRODUCTS PARTNERS L P · EPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William Ordemann
Officer — Group Senior Vice President
Period of report
Feb 18, 2015
Accepted (ET)
Feb 20, 2015 · 6:41 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001061219
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Units Representing Limited Partnership InterestsF1 | holding | — | — | — | 869,460 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF5,F2,F4 | — | Feb 18, 2015 | A | 30,000 | A | — | — | Common Units | 30,000 | 30,000 | D |
| Phantom UnitsF1,F2,F3 | — | holding | — | — | — | — | — | Common Units | 40,000 | 40,000 | D |
Explanation of responses
- F1As adjusted to give effect to the Enterprise Products Partners L.P. ("EPD") 2-for-1 common unit split that occurred on August 21, 2014.
- F2Each phantom unit is the economic equivalent of one EPD common unit.
- F3These phantom units vest in four equal annual installments beginning on February 19, 2015. Each annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- F4These phantom units vest in four equal annual installments beginning on February 18, 2016. Each annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- F5The 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)