SEC Form 4 · accession 0001209191-19-009782
ENTERPRISE PRODUCTS PARTNERS L P · EPD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
W Randall Fowler
Officer — President and CFO · Director
Period of report
Feb 11, 2019
Accepted (ET)
Feb 13, 2019 · 5:35 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 Interests | Feb 11, 2019 | A | 27,234 | $0.00 | A | 927,488 | D | |
| Common Units Representing Limited Partnership InterestsF1 | holding | — | — | — | 510,000 | I | By Three Streams Partners, LP |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom UnitsF8,F2,F7 | — | Feb 11, 2019 | A | 176,000 | A | — | — | Common Units | 176,000 | 176,000 | D |
| Phantom UnitsF2,F3 | — | holding | — | — | — | — | — | Common Units | 20,000 | 20,000 | D |
| Phantom UnitsF2,F4 | — | holding | — | — | — | — | — | Common Units | 62,474 | 62,474 | D |
| Phantom UnitsF2,F5 | — | holding | — | — | — | — | — | Common Units | 84,000 | 84,000 | D |
| Phantom UnitsF2,F6 | — | holding | — | — | — | — | — | Common Units | 136,100 | 136,100 | D |
Explanation of responses
- F1The reporting person disclaims beneficial ownership of Enterprise Products Partners L.P. ("EPD") common units held by Three Streams Partners, LP except to the extent of his pecuniary interest therein.
- F2Each phantom unit is the economic equivalent of one EPD common unit.
- F3These phantom units vest in one remaining annual installment on February 18, 2019. The remaining annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- F4These phantom units vest in two remaining equal annual installments beginning on February 16, 2019. Each remaining annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- F5These phantom units vest in three remaining equal annual installments beginning on February 16, 2019. Each remaining 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, 2019. Each annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- F7These phantom units vest in four equal annual installments beginning on February 16, 2020. Each annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
- F8The 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)