Home/Filings/4/0001209191-16-102007
4//SEC Filing

ENTERPRISE PRODUCTS PARTNERS L P 4

Accession 0001209191-16-102007

$EPDCIK 0001061219operating

Filed

Feb 23, 7:00 PM ET

Accepted

Feb 24, 5:32 PM ET

Size

7.1 KB

Accession

0001209191-16-102007

Insider Transaction Report

Form 4
Period: 2016-02-22
Cardillo Gerald R.
Vice President
Transactions
  • Other

    Class B limited partner interest in EPD PubCo I

    2016-02-22+00 total
    Common Units
Footnotes (3)
  • [F1]The reporting person is an owner of a Class B limited partner interest in EPD PubCo Unit I L.P. ("EPD PubCo I"), a Delaware limited partnership established for the benefit of certain employees of Enterprise Products Company ("EPCO"). EPD PubCo I owns directly 2,723,052 common units representing limited partner interests in Enterprise Products Partners L.P. ("Common Units"). EPCO Holdings, Inc. ("EPCO Holdings), a wholly owned subsidiary of EPCO, is the sole Class A limited partner and EPCO is the general partner of EPD PubCo I. The reporting person acquired the Class B limited partner interest in EPD PubCo I from a grant of such interest by EPCO, in its capacity as general partner of EPD PubCo I, in accordance with its limited partnership agreement.
  • [F2]Within 30 days after February 22, 2020 (or an earlier vesting date), EPD PubCo 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 $63,746,647.32 (the fair market value (as defined) of the Common Units calculated as of February 22, 2016), plus any accrued and unpaid Class A preferred return. 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 I. The Class B limited partner interest is subject to forfeiture.
  • [F3]The power of attorney under which this form was signed is on file with the Commission.

Issuer

ENTERPRISE PRODUCTS PARTNERS L P

CIK 0001061219

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001061219

Filing Metadata

Form type
4
Filed
Feb 23, 7:00 PM ET
Accepted
Feb 24, 5:32 PM ET
Size
7.1 KB