SEC Form 4 · accession 0001209191-16-099938
ENTERPRISE PRODUCTS PARTNERS L P · EPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gerald R. Cardillo
Officer — Group Senior Vice President
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 4:39 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 | — | — | — | 176,797 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF7,F2,F6 | — | Feb 16, 2016 | A | 35,000 | A | — | — | Common Units | 35,000 | 35,000 | D |
| Phantom UnitsF2,F3 | — | holding | — | — | — | — | — | Common Units | 22,500 | 22,500 | D |
| Phantom UnitsF2,F4 | — | holding | — | — | — | — | — | Common Units | 25,000 | 25,000 | D |
| Phantom UnitsF2,F5 | — | holding | — | — | — | — | — | Common Units | 22,500 | 22,500 | D |
Explanation of responses
- F1Includes common units acquired in the issuer's Employee Unit Purchase Plan.
- F2Each phantom unit is the economic equivalent of one Enterprise Products Partners L.P. ("EPD") common unit.
- F3These phantom units vest in three remaining equal annual installments beginning on February 19, 2016. Each annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- F4These phantom units vest on February 19, 2017. The units will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- F5These 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.
- F6These phantom units vest in four equal annual installments beginning on February 16, 2017. Each annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- F7The 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)