ENTERPRISE PRODUCTS PARTNERS L.P. — Director's Dealing 2021

Feb 18, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ENTERPRISE PRODUCTS PARTNERS L.P. (EPD)
CIK: 0001061219
Period of Report: 2021-02-16

Reporting Person: FOWLER W RANDALL (Director, Co-CEO and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-16	Common Units Representing Limited Partnership Interests	M	28000	—	Acquired	1011513	Direct
2021-02-16	Common Units Representing Limited Partnership Interests	F	11018	$21.92	Disposed	1000495	Direct
2021-02-16	Common Units Representing Limited Partnership Interests	M	34025	—	Acquired	1034520	Direct
2021-02-16	Common Units Representing Limited Partnership Interests	F	13389	$21.92	Disposed	1021131	Direct
2021-02-16	Common Units Representing Limited Partnership Interests	M	44000	—	Acquired	1065131	Direct
2021-02-16	Common Units Representing Limited Partnership Interests	F	17314	$21.92	Disposed	1047817	Direct
2021-02-16	Common Units Representing Limited Partnership Interests	M	56250	—	Acquired	1104067	Direct
2021-02-16	Common Units Representing Limited Partnership Interests	F	22135	$21.92	Disposed	1081932	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-16	Phantom Units	$	M	28000	Disposed		Common Units (28000)	Direct
2021-02-16	Phantom Units	$	M	34025	Disposed		Common Units (34025)	Direct
2021-02-16	Phantom Units	$	M	44000	Disposed		Common Units (44000)	Direct
2021-02-16	Phantom Units	$	M	56250	Disposed		Common Units (56250)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Units Representing Limited Partnership Interests	610000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Phantom Units	$		Common Units (250000)	250000	Direct

Footnotes

F1: Each phantom unit is the economic equivalent of one Enterprise Products Partners L.P. ("EPD") common unit.

F2: The reporting person disclaims beneficial ownership of issuer common units held by Three Streams Partners, LP except to the extent of his pecuniary interest therein.

F3: 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.

F4: 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.

F5: 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.

F6: 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.

F7: 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.

F8: The power of attorney under which this form was signed is on file with the Commission.