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EPD Enterprise Products Partners LP

28.22
-0.37 (-1.29%)
Last Updated: 16:03:54
Delayed by 15 minutes
Name Symbol Market Type
Enterprise Products Partners LP NYSE:EPD NYSE Trust
  Price Change % Change Price High Price Low Price Open Price Traded Last Trade
  -0.37 -1.29% 28.22 28.66 27.9507 28.60 2,921,315 16:03:54

Statement of Changes in Beneficial Ownership (4)

21/02/2018 10:05pm

Edgar (US Regulatory)


FORM 4
[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5
                      
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Secrest Brent B.
2. Issuer Name and Ticker or Trading Symbol

ENTERPRISE PRODUCTS PARTNERS L P [ EPD ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                      _____ 10% Owner
__ X __ Officer (give title below)      _____ Other (specify below)
Senior Vice President
(Last)          (First)          (Middle)

1100 LOUISIANA STREET, SUITE 1000
3. Date of Earliest Transaction (MM/DD/YYYY)

2/16/2018
(Street)

HOUSTON, TX 77002
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Units Representing Limited Partnership Interests   2/16/2018     M    10000   A   (1) 43625   D    
Common Units Representing Limited Partnership Interests   2/16/2018     F    2435   D $26.41   41190   D    
Common Units Representing Limited Partnership Interests   2/16/2018     M    3125   A   (1) 44315   D    
Common Units Representing Limited Partnership Interests   2/16/2018     F    761   D $26.41   43554   D    
Common Units Representing Limited Partnership Interests   2/18/2018     M    2500   A   (1) 46054   D    
Common Units Representing Limited Partnership Interests   2/18/2018     F    609   D $26.25   45445   D    
Common Units Representing Limited Partnership Interests   2/19/2018     M    3250   A   (1) 48695   D    
Common Units Representing Limited Partnership Interests   2/19/2018     F    792   D $26.25   47903   D    

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date 7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Units     (1) 2/19/2018     M         3250      (2)   (2) Common Units   3250   $0.00   0   D    
Phantom Units     (1) 2/18/2018     M         2500      (3)   (3) Common Units   2500   $0.00   2500   D    
Phantom Units     (1) 2/16/2018     M         3125      (4)   (4) Common Units   3125   $0.00   6250   D    
Phantom Units     (1) 2/16/2018     M         10000      (5)   (5) Common Units   10000   $0.00   30000   D    
Phantom Units     (1)                    (6)   (6) Common Units   35000     35000   D   (7)  

Explanation of Responses:
(1)  Each phantom unit is the economic equivalent of one Enterprise Products Partners L.P. ("EPD") common unit.
(2)  These phantom units vest in one remaining annual installment on February 19, 2018. The remaining annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
(3)  These phantom units vest in two remaining equal annual installments beginning on February 18, 2018. Each remaining annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
(4)  These phantom units vest in three remaining equal annual installments beginning on February 16, 2018. Each remaining annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
(5)  These phantom units vest in four equal annual installments beginning on February 16, 2018. Each annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
(6)  These 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.
(7)  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

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Secrest Brent B.
1100 LOUISIANA STREET
SUITE 1000
HOUSTON, TX 77002


Senior Vice President

Signatures
/s/Wendi S. Bickett, Attorney-in-Fact on behalf of Brent B. Secrest 2/21/2018
** Signature of Reporting Person Date


Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.

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