Sec Form 4 Filing - FOWLER W RANDALL @ ENTERPRISE PRODUCTS PARTNERS L.P. - 2019-04-01

Insider filing report for Changes in Beneficial Ownership
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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
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
FOWLER W RANDALL
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)
X __ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Co-CEO and CFO
(Last) (First) (Middle)
1100 LOUISIANA STREET, SUITE 1000
3. Date of Earliest Transaction (MM/DD/YY)
04/01/2019
(Street)
HOUSTON, TX77002
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 04/01/2019 G V 95,927 ( 1 ) D $ 0 900,264 D
Common Units Representing Limited Partnership Interests 04/01/2019 J 95,927 ( 2 ) A 605,927 I By Three Streams Partners, LP ( 3 )
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 ( 4 ) ( 5 ) ( 5 ) Common Units 31,237 31,237 D
Phantom Units ( 4 ) ( 6 ) ( 6 ) Common Units 56,000 56,000 D
Phantom Units ( 4 ) ( 7 ) ( 7 ) Common Units 102,075 102,075 D
Phantom Units ( 4 ) ( 8 ) ( 8 ) Common Units 176,000 176,000 D
Phantom Units ( 4 ) 02/06/2020 A 225,000 ( 9 ) ( 9 ) Common Units 225,000 $ 0 225,000 D ( 10 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
FOWLER W RANDALL
1100 LOUISIANA STREET
SUITE 1000
HOUSTON, TX77002
X Co-CEO and CFO
Signatures
/s/Wendi S. Bickett, Attorney-in-Fact on behalf of W. Randall Fowler 02/10/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Represents a bona fide gift of issuer common units by the reporting person to one or more of the limited partners of Three Streams Partners, LP ("Three Streams").
( 2 )Represents the contribution of issuer common units to Three Streams by one or more of the limited partners of Three Streams.
( 3 )The reporting person disclaims beneficial ownership of issuer common units held by Three Streams, except to the extent of his pecuniary interest therein.
( 4 )Each phantom unit is the economic equivalent of one Enterprise Products Partners L.P. ("EPD") common unit.
( 5 )These phantom units vest in one remaining annual installment on February 16, 2020. The 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 two remaining equal annual installments beginning on February 16, 2020. Each remaining 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 three remaining equal annual installments beginning on February 16, 2020. Each remaining annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
( 8 )These 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.
( 9 )These phantom units vest in four equal annual installments beginning on February 16, 2021. Each annual installment will expire upon vesting and settlement thereof in exchange for an equal number of EPD common units.
( 10 )The power of attorney under which this form was signed is on file with the Commission.

Remarks:
Transaction Code G - Bona fide gift; Transaction Code J - Other acquisition or disposition; Transaction Code A - Grant, award or other acquisition pursuant to Rule 16b-3(d)

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).
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