Sec Form 4 Filing - Bacon Graham W. @ ENTERPRISE PRODUCTS PARTNERS L.P. - 2021-02-16

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
Bacon Graham W.
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 & COO
(Last) (First) (Middle)
1100 LOUISIANA STREET, SUITE 1000
3. Date of Earliest Transaction (MM/DD/YY)
02/16/2021
(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 02/16/2021 M 14,500 A 341,763 D
Common Units Representing Limited Partnership Interests 02/16/2021 F 5,706 D $ 21.92 336,057 D
Common Units Representing Limited Partnership Interests 02/16/2021 M 17,000 A 353,057 D
Common Units Representing Limited Partnership Interests 02/16/2021 F 6,690 D $ 21.92 346,367 D
Common Units Representing Limited Partnership Interests 02/16/2021 M 21,250 A 367,617 D
Common Units Representing Limited Partnership Interests 02/16/2021 F 8,362 D $ 21.92 359,255 D
Common Units Representing Limited Partnership Interests 02/16/2021 M 22,500 A 381,755 D
Common Units Representing Limited Partnership Interests 02/16/2021 F 8,854 D $ 21.92 372,901 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 (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 ( 1 ) 02/16/2021 M 14,500 ( 2 ) ( 2 ) Common Units 14,500 $ 0 0 D
Phantom Units ( 1 ) 02/16/2021 M 17,000 ( 3 ) ( 3 ) Common Units 17,000 $ 0 17,000 D
Phantom Units ( 1 ) 02/16/2021 M 21,250 ( 4 ) ( 4 ) Common Units 21,250 $ 0 42,500 D
Phantom Units ( 1 ) 02/16/2021 M 22,500 ( 5 ) ( 5 ) Common Units 22,500 $ 0 67,500 D
Phantom Units ( 1 ) ( 6 ) ( 6 ) Common Units 95,000 95,000 D ( 7 )
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bacon Graham W.
1100 LOUISIANA STREET
SUITE 1000
HOUSTON, TX77002
Executive Vice President & COO
Signatures
/s/Jennifer W. Dickson, Attorney-in-Fact on behalf of Graham W. Bacon 02/18/2021
Signature of Reporting Person Date
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 16, 2021. 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 16, 2021. 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, 2021. 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, 2021. 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, 2022. 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

Reminder: Report o n 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).

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