Filing Details
- Accession Number:
- 0001209191-21-018301
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2021-03-05 17:09:32
- Reporting Period:
- 2021-03-03
- Accepted Time:
- 2021-03-05 17:09:32
- SEC Url:
- Form 4 Filing
Issuer
Cik | Name | Symbol | Sector (SIC) | IRS No |
---|---|---|---|---|
1061219 | Enterprise Products Partners L.p. | EPD | Natural Gas Transmission (4922) | 760568219 |
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1206715 | Enterprise Products Co | 1100 Louisiana Street Suite 1000 Houston TX 77002 | No | No | Yes | No | |
1246514 | Duncan Randa Williams | 1100 Louisiana Street Suite 1000 Houston TX 77002 | Yes | No | Yes | No | |
1338290 | Epco Holdings, Inc. | 1100 Louisiana Street Suite 1000 Houston TX 77002 | No | No | Yes | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Units Representing Limited Partnership Interests | Acquisiton | 2021-03-03 | 93,437 | $22.55 | 4,839,155 | No | 4 | P | Indirect | By RDW Family Trust |
Common Units Representing Limited Partnership Interests | Acquisiton | 2021-03-03 | 93,437 | $22.55 | 4,839,155 | No | 4 | P | Indirect | By DGD Family Trust |
Common Units Representing Limited Partnership Interests | Acquisiton | 2021-03-03 | 93,437 | $22.55 | 4,839,155 | No | 4 | P | Indirect | By MDF Family Trust |
Common Units Representing Limited Partnership Interests | Acquisiton | 2021-03-03 | 93,436 | $22.55 | 4,839,154 | No | 4 | P | Indirect | By SDD Family Trust |
Series A Cumulative Convertible Preferred Units | Disposition | 2021-03-03 | 15,412 | $1,000.00 | 0 | No | 4 | S | Indirect | By Manxome Investors |
Common Units Representing Limited Partnership Interests | Acquisiton | 2021-03-04 | 76,028 | $22.90 | 4,915,183 | No | 4 | P | Indirect | By RDW Family Trust |
Common Units Representing Limited Partnership Interests | Acquisiton | 2021-03-04 | 76,028 | $22.90 | 4,915,183 | No | 4 | P | Indirect | By DGD Family Trust |
Common Units Representing Limited Partnership Interests | Acquisiton | 2021-03-04 | 76,028 | $22.90 | 4,915,183 | No | 4 | P | Indirect | By MDF Family Trust |
Common Units Representing Limited Partnership Interests | Acquisiton | 2021-03-04 | 76,029 | $22.90 | 4,915,183 | No | 4 | P | Indirect | By SDD Family Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | P | Indirect | By RDW Family Trust |
No | 4 | P | Indirect | By DGD Family Trust |
No | 4 | P | Indirect | By MDF Family Trust |
No | 4 | P | Indirect | By SDD Family Trust |
No | 4 | S | Indirect | By Manxome Investors |
No | 4 | P | Indirect | By RDW Family Trust |
No | 4 | P | Indirect | By DGD Family Trust |
No | 4 | P | Indirect | By MDF Family Trust |
No | 4 | P | Indirect | By SDD Family Trust |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Units Representing Limited Partnership Interests | 181,950 | Direct | |
Common Units Representing Limited Partnership Interests | 74,754,703 | Indirect | By EPCO |
Common Units Representing Limited Partnership Interests | 593,479,815 | Indirect | By EPCO Holdings |
Common Units Representing Limited Partnership Interests | 2,834,198 | Indirect | By EPD PubCo II |
Common Units Representing Limited Partnership Interests | 6,400,000 | Indirect | By EPD IV |
Common Units Representing Limited Partnership Interests | 1,600,000 | Indirect | By EPCO II |
Common Units Representing Limited Partnership Interests | 1,111,438 | Indirect | By EPD PrivCo I |
Common Units Representing Limited Partnership Interests | 469,923 | Indirect | By RLD Grantor Trust |
Common Units Representing Limited Partnership Interests | 469,923 | Indirect | By DGD Grantor Trust |
Common Units Representing Limited Partnership Interests | 469,923 | Indirect | By MDD Grantor Trust |
Common Units Representing Limited Partnership Interests | 469,923 | Indirect | By SDD Irrevocable Trust |
Common Units Representing Limited Partnership Interests | 455,097 | Indirect | By A&W Ltd. |
Common Units Representing Limited Partnership Interests | 75,736 | Indirect | By Chaswil, Ltd. |
Common Units Representing Limited Partnership Interests | 9,090 | Indirect | By Spouse |
Common Units Representing Limited Partnership Interests | 4,040 | Indirect | Jointly with Spouse |
Footnotes
- Represents the weighted average purchase price. These Common Units were purchased at various prices ranging from $22.21 to $22.83. Financial information regarding the number of Common Units purchased at each price will be provided upon the request of the United States Securities and Exchange Commission staff, the issuer, or a security holder of the issuer.
- These Common Units are owned directly by The Randa Duncan Williams 2018 Family Trust (the "RDW Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the RDW Family Trust, except to the extent of her pecuniary interest therein.
- These Common Units are owned directly by The Dannine Gale Duncan 2018 Family Trust (the "DGD Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the DGD Family Trust, except to the extent of her pecuniary interest therein.
- These Common Units are owned directly by The Milane Duncan Frantz 2018 Family Trust (the "MDF Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the MDF Family Trust, except to the extent of her pecuniary interest therein.
- These Common Units are owned directly by The Scott D. Duncan 2003 Family Trust (the "SDD Family Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the SDD Family Trust, except to the extent of her pecuniary interest therein.
- The issuer's Series A Cumulative Convertible Preferred Units ("Preferred Units") are convertible into Common Units of the issuer pursuant to and in accordance with the terms and conditions of the issuer's partnership agreement, including a floating conversion ratio based on the market price of the Common Units as of the date of conversion.
- Reflects the private sale by the holder of non-derivative securities at a $1,000 per unit sale price that is identical to the holder's initial $1,000 per unit acquisition price paid for such securities.
- Immediately prior to the sale, these Preferred Units were owned directly by Manxome Investors L.P. ("Manxome Investors"). Ms. Williams serves as a director of the entity manager of Manxome Investors' general partner. Ms. Williams disclaims beneficial ownership of the Preferred Units owned directly by Manxome Investors, except to the extent of her pecuniary interest therein.
- Represents the weighted average purchase price. These Common Units were purchased at various prices ranging from $22.58 to $23.25. Financial information regarding the number of Common Units purchased at each price will be provided upon the request of the United States Securities and Exchange Commission staff, the issuer, or a security holder of the issuer.
- These Common Units are owned directly by Enterprise Products Company ("EPCO"). Ms. Williams serves as one of three voting trustees who collectively have voting and dispositive power over a majority of the outstanding voting stock of EPCO. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by EPCO, except to the extent of her pecuniary interest therein.
- These Common Units are owned directly by EPCO Holdings, Inc. ("EPCO Holdings"), which is a direct wholly owned subsidiary of EPCO. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by EPCO Holdings, except to the extent of her pecuniary interest therein.
- These Common Units are owned directly by EPD PubCo Unit II L.P., a Delaware limited partnership ("EPD PubCo II"), established for the benefit of certain EPCO employees who are its Class B limited partners. EPCO Holdings is the sole Class A limited partner and EPCO is the general partner of EPD PubCo II. The Common Units are beneficially owned by EPCO and EPCO Holdings to the extent of the interest of EPCO Holdings in these securities as a Class A limited partner in EPD PubCo II. Ms. Williams disclaims beneficial ownership of these Common Units, except to the extent of her pecuniary interest therein.
- Within 30 days after February 22, 2023 (or an earlier vesting date), EPD PubCo II will be liquidated and expects to distribute to the Class A limited partner a total number of Common Units having a fair market value equal to $66,348,575.18. Any remaining Common Units will be either distributed to the Class B limited partners in kind, or sold with the resulting proceeds distributed, pro rata relative to their share in EPD PubCo II. The Class B limited partner interests are subject to forfeiture.
- These Common Units are owned directly by EPD 2018 Unit IV L.P., a Delaware limited partnership ("EPD IV"), established for the benefit of certain EPCO employees who are its Class B limited partners. EPCO Holdings is the sole Class A limited partner and EPCO is the general partner of EPD IV. The Common Units are beneficially owned by EPCO and EPCO Holdings to the extent of the interest of EPCO Holdings in these securities as a Class A limited partner in EPD IV. Ms. Williams disclaims beneficial ownership of these Common Units, except to the extent of her pecuniary interest therein.
- Within 30 days after December 3, 2023 (or an earlier vesting date), EPD IV will be liquidated and expects to distribute to the Class A limited partner a total number of Common Units having a fair market value equal to $172,928,000. Any remaining Common Units will be either distributed to the Class B limited partners in kind, or sold with the resulting proceeds distributed, pro rata relative to their share in EPD IV. The Class B limited partner interests are subject to forfeiture.
- These Common Units are owned directly by EPCO Unit II L.P., a Delaware limited partnership ("EPCO II"), established for the benefit of certain EPCO employees who are its Class B limited partners. EPCO Holdings is the sole Class A limited partner and EPCO is the general partner of EPCO II. The Common Units are beneficially owned by EPCO and EPCO Holdings to the extent of the interest of EPCO Holdings in these securities as a Class A limited partner in EPCO II. Ms. Williams disclaims beneficial ownership of these Common Units, except to the extent of her pecuniary interest therein.
- Within 30 days after December 3, 2023 (or an earlier vesting date), EPCO II will be liquidated and expects to distribute to the Class A limited partner a total number of Common Units having a fair market value equal to $43,232,000. Any remaining Common Units will be either distributed to the Class B limited partners in kind, or sold with the resulting proceeds distributed, pro rata relative to their share in EPCO II. The Class B limited partner interests are subject to forfeiture.
- These Common Units are owned directly by EPD PrivCo Unit I L.P., a Delaware limited partnership ("EPD PrivCo I"), established for the benefit of certain EPCO employees who are its Class B limited partners. EPCO Holdings is the sole Class A limited partner and EPCO is the general partner of EPD PrivCo I. The Common Units are beneficially owned by EPCO and EPCO Holdings to the extent of the interest of EPCO Holdings in these securities as a Class A limited partner in EPD PrivCo I. Ms. Williams disclaims beneficial ownership of these Common Units, except to the extent of her pecuniary interest therein.
- Within 30 days after February 22, 2023 (or an earlier vesting date), EPD PrivCo I will be liquidated and expects to distribute to the Class A limited partner a total number of Common Units having a fair market value equal to $26,018,763.58. Any remaining Common Units will be either distributed to the Class B limited partners in kind, or sold with the resulting proceeds distributed, pro rata relative to their share in EPD PrivCo I. The Class B limited partner interests are subject to forfeiture.
- These Common Units are owned directly by The Randa Lynn Duncan 1990 Grantor Trust (the "RLD Grantor Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the RLD Grantor Trust, except to the extent of her pecuniary interest therein.
- These Common Units are owned directly by The Dannine Gale Duncan 1990 Grantor Trust (the "DGD Grantor Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the DGD Grantor Trust, except to the extent of her pecuniary interest therein.
- These Common Units are owned directly by The Milane Diane Duncan 1990 Grantor Trust (the "MDD Grantor Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the MDD Grantor Trust, except to the extent of her pecuniary interest therein.
- These Common Units are owned directly by The Scott Daniel Duncan Irrevocable Trust (the "SDD Irrevocable Trust"), for which Ms. Williams serves as a director of an entity trustee. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by the SDD Irrevocable Trust, except to the extent of her pecuniary interest therein.
- These Common Units are owned directly by Alkek and Williams, Ltd. ("A&W Ltd."), an affiliate of Ms. Williams' spouse. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by A&W Ltd., except to the extent of her pecuniary interest therein. Includes Common Units acquired in the issuer's distribution reinvestment plan.
- These Common Units are owned directly by Chaswil, Ltd., an affiliate of Ms. Williams' spouse. Ms. Williams disclaims beneficial ownership of the Common Units owned directly by Chaswil, Ltd., except to the extent of her pecuniary interest therein. Includes Common Units acquired in the issuer's distribution reinvestment plan.
- The power of attorney under which this form was signed is on file with the Commission.