Energy Transfer LP — Director's Dealing 2020

Mar 13, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Energy Transfer LP (ET)
CIK: 0001276187
Period of Report: 2020-03-12

Reporting Person: DAVIS RAY C (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-12	Common Units	P	801800	$6.2056	Acquired	29142894	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Units	1112069	Indirect
Common Units	1941721	Indirect
Common Units	328383	Indirect
Common Units	51701	Indirect
Common Units	15987283	Indirect
Common Units	121117	Indirect
Common Units	28203003	Indirect
Common Units	3557757	Indirect
Common Units	4768027	Indirect
Common Units	4768027	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Units	$		Common Units (10047)	10047	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $5.97 to $6.64, inclusive. The reporting person undertakes to provide to ET, any security holder of ET, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of units purchased at each separate price within this range.

F2: The reported units are owned directly by RCD Stock Holdings, LLC, a limited liability company owned by Mr. Davis.

F3: The reported units are owned directly by Avatar BW, Ltd. a limited partnership, of which Mr. Davis is the owner of the general partner.

F4: The reported units are owned directly by ET Company, Ltd. The reported units represent the estimated pro rata interest of Mr. Davis in ET Company, Ltd. Mr. Davis disclaims beneficial ownership of the reported units except to the extent of his pecuniary interest therein.

F5: The reported units are owned directly by Avatar Holdings LLC, a limited liability company owned by Mr. Davis.

F6: The reported units are owned directly by the Linda Davis 2008 Family Trust for the benefit of Mr. Davis' family. Mr. Davis' spouse is trustee of the trust. Mr. Davis disclaims beneficial ownership of the reported units except to the extent of his pecuniary interest therein if any.

F7: The reported units are owned directly by Avatar Stock Holdings, LP, a limited partnership of which Mr. Davis is the owner of the general partner.

F8: The reported units are owned directly by Avatar ETC Stock Holdings LLC, a limited liability company owned by Mr. Davis.

F9: The reported units are owned directly by Avatar Investments, LP, a limited partnership, of which Mr. Davis is the owner of the general partner.

F10: The reported units are owned directly by the Ray Davis 2008 Grandchildren's Trust for the benefit of Mr. Davis' grandchildren. Mr. Davis is the trustee of the trust. Mr. Davis disclaims beneficial ownership of the reported units except to the extent of his pecuniary interest therein if any.

F11: The reported units are owned directly by the Linda Davis 2008 Grandchildren's Trust for the benefit of Mr. Davis' grandchildren. Mr. Davis' spouse is the trustee of the trust. Mr. Davis disclaims beneficial ownership of the reported units except to the extent of his pecuniary interest therein if any.

F12: Phantom units granted under the Amended and Restated Energy Transfer LP Long-Term Incentive Plan that may vest in Partnership units, cash or other securities and is generally contingent upon the reporting person's continued services on the Board of the general partner of the Partnership on each applicable vesting date.