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- ------ UNITED STATES SECURITIES AND EXCHANGE COMMISSION ------------------------------
FORM 4 WASHINGTON, D.C. 20549 OMB APPROVAL
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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OMB Number: 3235-0287
[X] Check this box if no Expires: December 31, 2001
longer subject to Filed pursuant to Section 16(a) of the Securities Estimated average burden
Section 16. Form 4 Exchange Act of 1934, Section 17(a) of the hours per response.........0.5
or Form 5 obligations Public Utility Holding Company Act of 1935 ------------------------------
may continue. See or Section 30(f) of the Investment Company
Instruction 1(b). Act of 1940
(Print or Type Responses)
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1. Name and Address of Reporting Person* 2. Issuer Name and Ticker or Trading Symbol 6. Relationship of Reporting Person(s)
to Issuer (check all applicable)
Shell US Gas & Power LLC (fka Coral Enterprise Products Partners L.P. -
Energy, LLC) EPD (NYSE)
- -------------------------------------------- ---------------------------------------------- Director X 10% Owner
(Last) (First) (Middle) 3. IRS or Social Security 4. Statement for ---- ---
1301 McKinney, Suite 700 Number of Reporting Month/Year Officer Other (specify
- -------------------------------------------- Person (Voluntary) 08/01 ---- --- below)
(Street) ------------------- (give title below)
Houston Texas 77010 5. If Amendment,
- -------------------------------------------- Date of Original ------------------------------------
(City) (State) (Zip) (Month/Year)
7. Individual or Joint/Group Filing
------------------- (Check Applicable Line)
Form filed by One
---- Reporting Person
X Form filed by More Than
---- One Reporting Person
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TABLE I -- NON-DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
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1. Title of Security 2. Trans- 3. Trans- 4. Securities Acquired (A) 5. Amount of 6. Ownership 7. Nature of
(Instr. 3) action action or Disposed of (D) Securities Form: Indirect
Date Code (Instr. 3, 4 and 5) Beneficially Direct Beneficial
(Instr. 8) Owned at (D) or Ownership
(Month/ End of Month Indirect (Instr. 4)
Day/ --------------------------------------- (Instr. 3 and 4) (I)
Year) Code V Amount (A) or Price (Instr. 4)
(D)
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Common Units 8-2-01 C 5,000,000 A N/A 6,000,000 D
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. (Over)
*If the form is filed by more than one reporting person, see Instruction 4(b)(v). SEC 1474 (7/96)
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FORM 4 (CONTINUED) TABLE II -- DERIVATIVE SECURITIES ACQUIRED, DISPOSED OF, OR BENEFICIALLY OWNED
(E.G., PUTS, CALLS, WARRANTS, OPTIONS, CONVERTIBLE SECURITIES)
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1. Title of Derivative 2. Conver- 3. Trans- 4. Trans- 5. Number of 6. Date Exer- 7. Title and Amount 8. Price
Security sion or action action Derivative cisable and of Underlying of
(Instr. 3) Exercise Date Code Securities Ac- Expiration Securities Deriv-
Price of (Month/ (Instr. quired (A) or Date (Instr. 3 and 4) ative
Deriv- Day/ 8) Disposed of (Month/Day/ Secur-
ative Year) (D)(Instr. 3, Year) ity
Security 4, and 5) (Instr. 5)
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Code V (A) (D) Date Expira- Title Amount or
Exer- tion Number of
cisable Date Shares
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Class A Special Units 1-for-1 08/02/01 J(1) 3,000,000 (1) Common 3,000,000 (1)
Units
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Class A Special Units 1-for-1 08/02/01 C 5,000,000 Immed. Common 5,000,000
Units
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9. Number of 10. Ownership 11. Nature of
Derivative Form of Indirect
Securities Derivative Beneficial
Beneficially Security: Ownership
Owned at End Direct (D) (Instr. 4)
of Month or Indirect (I)
(Instr. 4) (Instr. 4)
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D(2)
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14,500,000 D(2)
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Explanation of Responses:
(1) Under the terms of the Second Amended and Restated Agreement of Limited Partnership of Enterprise Products Partners L.P.
(the "Partnership Agreement"), Shell US Gas & Power LLC ("Shell Gas & Power") has met certain performance tests and earned
3 million Class A Special Units. The Class A Special Units will convert, subject to approval of the Common Unit Holders,
into Common Units under the terms of the Partnership Agreement as follows: 5,000,000 on the first day following the record
date for distribution for the quarter ended June 30, 2001; 9,500,000 on the first day following the record date for
distribution for the quarter ended June 30, 2002; the remainder on the first day following the record date for distribution
for the quarter ended June 30, 2003.
(2) Shell Oil Company, SWEPI LP (formerly Shell Western E&P Inc.), Shell Gas Pipeline Corp. #2, Shell Gas Gathering Corp. #2 and
Shell Seahorse Company are the holders of approximately 2.33%, 17.14%, 58.45%, 16.38% and 5.70%, respectively, of the
membership interests of Shell Gas & Power. Each of SWEPI, Shell Pipeline, Shell Gathering and Shell Seahorse is an indirect,
wholly-owned subsidiary of Shell Oil. Together, Shell Oil, SWEPI, Shell Pipeline, Shell Gathering and Shell Seahorse may be
deemed to (1) control Shell Gas & Power and (2) indirectly beneficially own the Class A Special Units. The filing of this
statement on Form 4 is not an admission that any reporting person is, for the purposes of Section 16 of the Securities
Exchange Act of 1934 or for any other purpose, the beneficial owner of any securities covered by this statement.
SHELL US GAS & POWER LLC
** Intentional misstatements or omissions of facts constitute Federal Criminal By: /s/ Curtis R. Frasier August 13, 2001
Violations. ------------------------- ---------------
Name: Curtis R. Frasier Date
Note: File three copies of this Form, one of which must be manually signed. Title: President
If space is insufficient,
see Instruction 6 for procedure.
Potential persons who are to respond to the collection of information contained
in this form are not required to respond unless the form displays a currently
valid OMB Number. Page 2
SEC 1474 (7-96)
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JOINT FILER INFORMATION
NAME: Shell Oil Company
ADDRESS: 910 Louisiana
One Shell Plaza
Houston, Texas 77002
DESIGNATED FILER: Shell US Gas & Power LLC (fka Coral Energy, LLC)
ISSUER & TICKER SYMBOL: Enterprise Products Partners, L.P. (EPD)
DATE OF EVENT REQUIRING STATEMENT: August 2, 2001
SIGNATURE: Shell Oil Company
By: /s/ Curtis R. Frasier
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Name: Curtis R. Frasier, Attorney-in-Fact
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JOINT FILER INFORMATION
NAME: SWEPI LP (formerly, Shell Western E&P Inc.)
ADDRESS: 200 North Dairy Ashford
Houston, Texas 77079
DESIGNATED FILER: Shell US Gas & Power LLC (fka Coral Energy, LLC)
ISSUER & TICKER SYMBOL: Enterprise Products Partners, L.P. (EPD)
DATE OF EVENT REQUIRING STATEMENT: August 2, 2001
SIGNATURE: SWEPI LP
By: /s/ Curtis R. Frasier
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Name: Curtis R. Frasier, Attorney-in-Fact
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JOINT FILER INFORMATION
NAME: Shell Gas Pipeline Corp. #2
ADDRESS: 200 North Dairy Ashford
Houston, Texas 77079
DESIGNATED FILER: Shell US Gas & Power LLC (fka Coral Energy, LLC)
ISSUER & TICKER SYMBOL: Enterprise Products Partners, L.P. (EPD)
DATE OF EVENT REQUIRING STATEMENT: August 2, 2001
SIGNATURE: Shell Gas Pipeline Corp. #2
By: /s/ Curtis R. Frasier
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Name: Curtis R. Frasier, Attorney-in Fact
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JOINT FILER INFORMATION
NAME: Shell Gas Gathering Corp. #2
ADDRESS: 200 North Dairy Ashford
Houston, Texas 77079
DESIGNATED FILER: Shell US Gas & Power LLC (fka Coral Energy, LLC)
ISSUER & TICKER SYMBOL: Enterprise Products Partners, L.P. (EPD)
DATE OF EVENT REQUIRING STATEMENT: August 2, 2001
SIGNATURE: Shell Gas Gathering Corp #2
By: /s/ Curtis R. Frasier
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Name: Curtis R. Frasier, Attorney-in-Fact
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JOINT FILER INFORMATION
NAME: Shell Seahorse Company
ADDRESS: 200 North Dairy Ashford
Houston, Texas 77079
DESIGNATED FILER: Shell US Gas & Power LLC (fka Coral Energy, LLC)
ISSUER & TICKER SYMBOL: Enterprise Products Partners, L.P. (EPD)
DATE OF EVENT REQUIRING STATEMENT: August 2, 2001
SIGNATURE: Shell Seahorse Company
By: /s/ Curtis R. Frasier
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Name: Curtis R. Frasier, Attorney-in-Fact
