Enterprise Products Co 4

Accession 0001415889-24-004588

CIK 0001061219other

View on SEC.gov Company Profile

Filed

Feb 20, 7:00 PM ET

Accepted

Feb 21, 4:10 PM ET

Size

39.3 KB

Accession

0001415889-24-004588

Insider Transaction Report

Form 4

Period: 2024-02-16

ENTERPRISE PRODUCTS PARTNERS L.P.EPD

EPCO Holdings, Inc.

10% Owner

Transactions

Exercise/Conversion
Common Units Representing Limited Partnership Interests
2024-02-16+400,000→ 1,009,532 total
Tax Payment
Common Units Representing Limited Partnership Interests
2024-02-16$27.25/sh−157,400$4,289,150→ 852,132 total
Exercise/Conversion
Phantom Units
2024-02-16−400,000→ 0 total
→ Common Units (400,000 underlying)

Holdings

Common Units Representing Limited Partnership Interests
(indirect: By EPD IV)
6,400,000
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
1,638,394
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
469,923
Common Units Representing Limited Partnership Interests
(indirect: By EPCO Holdings)
597,110,600
Common Units Representing Limited Partnership Interests
(indirect: By A&W Ltd.)
558,314
Phantom Units
→ Common Units (450,000 underlying)
450,000
Phantom Units
→ Common Units (535,000 underlying)
535,000
Common Units Representing Limited Partnership Interests
(indirect: By EPCO II)
1,600,000
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
4,915,183
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
1,638,394
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
469,923
Common Units Representing Limited Partnership Interests
(indirect: By Chaswil, Ltd.)
92,913
Common Units Representing Limited Partnership Interests
(indirect: By Spouse)
4,040
Phantom Units
→ Common Units (550,000 underlying)
550,000
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
4,915,183
Common Units Representing Limited Partnership Interests
(indirect: By Spouse)
9,090
Common Units Representing Limited Partnership Interests
(indirect: By EPCO)
74,754,703
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
4,915,183
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
1,638,394
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
469,923
Phantom Units
→ Common Units (482,000 underlying)
482,000

WILLIAMS RANDA DUNCAN

10% Owner

Transactions

Exercise/Conversion
Phantom Units
2024-02-16−400,000→ 0 total
→ Common Units (400,000 underlying)
Exercise/Conversion
Common Units Representing Limited Partnership Interests
2024-02-16+400,000→ 1,009,532 total
Tax Payment
Common Units Representing Limited Partnership Interests
2024-02-16$27.25/sh−157,400$4,289,150→ 852,132 total

Holdings

Common Units Representing Limited Partnership Interests
(indirect: By Trust)
1,638,394
Common Units Representing Limited Partnership Interests
(indirect: By EPCO Holdings)
597,110,600
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
469,923
Common Units Representing Limited Partnership Interests
(indirect: By EPCO II)
1,600,000
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
1,638,394
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
469,923
Common Units Representing Limited Partnership Interests
(indirect: By EPCO)
74,754,703
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
469,923
Phantom Units
→ Common Units (550,000 underlying)
550,000
Common Units Representing Limited Partnership Interests
(indirect: By EPD IV)
6,400,000
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
4,915,183
Common Units Representing Limited Partnership Interests
(indirect: By Chaswil, Ltd.)
92,913
Common Units Representing Limited Partnership Interests
(indirect: By Spouse)
4,040
Phantom Units
→ Common Units (535,000 underlying)
535,000
Common Units Representing Limited Partnership Interests
(indirect: By A&W Ltd.)
558,314
Common Units Representing Limited Partnership Interests
(indirect: By Spouse)
9,090
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
1,638,394
Phantom Units
→ Common Units (450,000 underlying)
450,000
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
4,915,183
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
4,915,183
Phantom Units
→ Common Units (482,000 underlying)
482,000

EPCO, Inc.

10% Owner

Transactions

Exercise/Conversion
Common Units Representing Limited Partnership Interests
2024-02-16+400,000→ 1,009,532 total
Tax Payment
Common Units Representing Limited Partnership Interests
2024-02-16$27.25/sh−157,400$4,289,150→ 852,132 total
Exercise/Conversion
Phantom Units
2024-02-16−400,000→ 0 total
→ Common Units (400,000 underlying)

Holdings

Common Units Representing Limited Partnership Interests
(indirect: By Trust)
1,638,394
Common Units Representing Limited Partnership Interests
(indirect: By Chaswil, Ltd.)
92,913
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
469,923
Common Units Representing Limited Partnership Interests
(indirect: By EPD IV)
6,400,000
Common Units Representing Limited Partnership Interests
(indirect: By EPCO II)
1,600,000
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
4,915,183
Common Units Representing Limited Partnership Interests
(indirect: By EPCO)
74,754,703
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
469,923
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
469,923
Common Units Representing Limited Partnership Interests
(indirect: By Spouse)
4,040
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
4,915,183
Phantom Units
→ Common Units (450,000 underlying)
450,000
Phantom Units
→ Common Units (535,000 underlying)
535,000
Phantom Units
→ Common Units (550,000 underlying)
550,000
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
4,915,183
Common Units Representing Limited Partnership Interests
(indirect: By EPCO Holdings)
597,110,600
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
1,638,394
Phantom Units
→ Common Units (482,000 underlying)
482,000
Common Units Representing Limited Partnership Interests
(indirect: By A&W Ltd.)
558,314
Common Units Representing Limited Partnership Interests
(indirect: By Spouse)
9,090
Common Units Representing Limited Partnership Interests
(indirect: By Trust)
1,638,394

Footnotes (24)

[F1]Each phantom unit is the economic equivalent of one Enterprise Products Partners L.P. ("EPD") common unit.
[F10]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.
[F11]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.
[F12]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.
[F13]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.
[F14]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.
[F15]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.
[F16]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.
[F17]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.
[F18]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.
[F19]These phantom units vested on February 16, 2024. These phantom units expired upon vesting and settlement thereof in exchange for an equal number of EPD Common Units.
[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.
[F20]These phantom units vest on February 16, 2025. These phantom units will expire upon vesting and settlement thereof in exchange for an equal number of EPD Common Units.
[F21]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.
[F22]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.
[F23]These phantom units vested on February 16, 2028. These phantom units expired upon vesting and settlement thereof in exchange for an equal number of EPD Common Units.
[F24]The power of attorney under which this form was signed is on file with the Commission.
[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 EPD 2018 Unit IV L.P., a Delaware limited partnership ("EPD IV"), established for the benefit of certain EPCO employees who are its Class B limited partners. EPCO Holdings is the sole Class A limited partner and EPCO is the general partner of EPD IV. The Common Units are beneficially owned by EPCO and EPCO Holdings to the extent of the interest of EPCO Holdings in these securities as a Class A limited partner in EPD IV. Ms. Williams disclaims beneficial ownership of these Common Units, except to the extent of her pecuniary interest therein.
[F5]Within 30 days after December 3, 2027 (or an earlier vesting date), EPD IV will be liquidated and expects to distribute to the Class A limited partner a total number of Common Units having a fair market value equal to $172,928,000. Any remaining Common Units will be either distributed to the Class B limited partners in kind, or sold with the resulting proceeds distributed, pro rata relative to their share in EPD IV. The Class B limited partner interests are subject to forfeiture.
[F6]These Common Units are owned directly by EPCO Unit II L.P., a Delaware limited partnership ("EPCO II"), established for the benefit of certain EPCO employees who are its Class B limited partners. EPCO Holdings is the sole Class A limited partner and EPCO is the general partner of EPCO II. The Common Units are beneficially owned by EPCO and EPCO Holdings to the extent of the interest of EPCO Holdings in these securities as a Class A limited partner in EPCO II. Ms. Williams disclaims beneficial ownership of these Common Units, except to the extent of her pecuniary interest therein.
[F7]Within 30 days after December 3, 2027 (or an earlier vesting date), EPCO II will be liquidated and expects to distribute to the Class A limited partner a total number of Common Units having a fair market value equal to $43,232,000. Any remaining Common Units will be either distributed to the Class B limited partners in kind, or sold with the resulting proceeds distributed, pro rata relative to their share in EPCO II. The Class B limited partner interests are subject to forfeiture.
[F8]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.
[F9]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.

Documents

1 file

4
form4-02212024_040231.xmlPrimary

Issuer

ENTERPRISE PRODUCTS PARTNERS L.P.

CIK 0001061219

→

Entity typeother

Related Parties

filerCIK 0001206715

Filing Metadata

Form type: 4
Filed: Feb 20, 7:00 PM ET
Accepted: Feb 21, 4:10 PM ET
Size: 39.3 KB

View on SEC.gov