Enterprise Products Partners L.P.

SEC Filings

4
ORDEMANN WILLIAM filed this Form 4 on 02/21/2018
Entire Document
 
SEC FORM 4 SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
ORDEMANN WILLIAM

(Last) (First) (Middle)
1100 LOUISIANA STREET
SUITE 1000

(Street)
HOUSTON TX 77002

(City) (State) (Zip)
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)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
02/16/2018
4. If Amendment, Date of Original Filed (Month/Day/Year)
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. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction 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 02/16/2018 M 14,500 A (1) 944,014 D
Common Units Representing Limited Partnership Interests 02/16/2018 F 5,706 D $26.41 938,308 D
Common Units Representing Limited Partnership Interests 02/16/2018 M 16,250 A (1) 954,558 D
Common Units Representing Limited Partnership Interests 02/16/2018 F 6,395 D $26.41 948,163 D
Common Units Representing Limited Partnership Interests 02/18/2018 M 7,500 A (1) 955,663 D
Common Units Representing Limited Partnership Interests 02/18/2018 F 2,952 D $26.25 952,711 D
Common Units Representing Limited Partnership Interests 02/19/2018 M 10,000 A (1) 962,711 D
Common Units Representing Limited Partnership Interests 02/19/2018 F 3,935 D $26.25 958,776 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction 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 (Month/Day/Year) 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: 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) 02/19/2018 M 10,000 (2) (2) Common Units 10,000 $0.00 0 D
Phantom Units (1) 02/18/2018 M 7,500 (3) (3) Common Units 7,500 $0.00 7,500 D
Phantom Units (1) (4) (4) Common Units 3,250 3,250 D
Phantom Units (1) 02/16/2018 M 16,250 (5) (5) Common Units 16,250 $0.00 32,500 D
Phantom Units (1) 02/16/2018 M 14,500 (6) (6) Common Units 14,500 $0.00 43,500 D
Phantom Units (1) (7) (7) Common Units 68,000 68,000 D(8)
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 two remaining equal annual installments beginning on August 3, 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 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.
6. 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.
7. 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.
8. 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
/s/Wendi S. Bickett, Attorney-in-Fact on behalf of William Ordemann 02/21/2018
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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