SEC Form 4
FORM 4 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
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
  
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
WILLIAMS RANDA DUNCAN

(Last) (First) (Middle)
1100 LOUISIANA STREET
SUITE 1000

(Street)
HOUSTON TX 77002

(City) (State) (Zip)
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)
X Director X 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
04/23/2024
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
X Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 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 74,754,703 I By EPCO(1)
Common Units Representing Limited Partnership Interests 04/23/2024 J(2) 6,400,000(2) D $0 0 I By EPD IV(3)
Common Units Representing Limited Partnership Interests 04/23/2024 J(4) 5,950,723(4) A $0 603,061,323 I By EPCO Holdings(5)
Common Units Representing Limited Partnership Interests 04/23/2024 J(6) 1,600,000(6) D $0 0 I By EPCO II(7)
Common Units Representing Limited Partnership Interests 04/23/2024 J(8) 1,487,681(8) A $0 604,549,004 I By EPCO Holdings(5)
Common Units Representing Limited Partnership Interests 852,132 D
Common Units Representing Limited Partnership Interests 4,915,183 I By RDW 2018 Family Trust(9)
Common Units Representing Limited Partnership Interests 4,915,183 I By DGD 2018 Family Trust(10)
Common Units Representing Limited Partnership Interests 4,915,183 I By MDF 2018 Family Trust(11)
Common Units Representing Limited Partnership Interests 1,638,394 I By RDW 2023 Family Trust(12)
Common Units Representing Limited Partnership Interests 1,638,394 I By DGD 2023 Family Trust(13)
Common Units Representing Limited Partnership Interests 1,638,394 I By MDF 2023 Family Trust(14)
Common Units Representing Limited Partnership Interests 469,923 I By RLD Grantor Trust(15)
Common Units Representing Limited Partnership Interests 469,923 I By DGD Grantor Trust(16)
Common Units Representing Limited Partnership Interests 469,923 I By MDD Grantor Trust(17)
Common Units Representing Limited Partnership Interests 568,933 I By A&W Ltd.(18)
Common Units Representing Limited Partnership Interests 94,680 I By Chaswil, Ltd.(19)
Common Units Representing Limited Partnership Interests 9,090 I By Spouse
Common Units Representing Limited Partnership Interests 4,040 I Jointly with Spouse(20)
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 (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 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 (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (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: 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
1. Name and Address of Reporting Person*
WILLIAMS RANDA DUNCAN

(Last) (First) (Middle)
1100 LOUISIANA STREET
SUITE 1000

(Street)
HOUSTON TX 77002

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
X Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
Enterprise Products Co

(Last) (First) (Middle)
1100 LOUISIANA STREET
SUITE 1000

(Street)
HOUSTON TX 77002

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
1. Name and Address of Reporting Person*
EPCO Holdings, Inc.

(Last) (First) (Middle)
1100 LOUISIANA STREET
SUITE 1000

(Street)
HOUSTON TX 77002

(City) (State) (Zip)

Relationship of Reporting Person(s) to Issuer
Director X 10% Owner
Officer (give title below) Other (specify below)
Explanation of Responses:
1. 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 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.
2. These Common Units were disposed of upon the dissolution of EPD 2018 Unit IV L.P., a Delaware limited partnership ("EPD IV"), effective as of April 23, 2024.
3. Prior to the dissolution described above, these Common Units were owned directly by EPD IV, which was established for the benefit of certain EPCO employees who were its Class B limited partners. Prior to such dissolution, (a) EPCO Holdings, Inc. ("EPCO Holdings") was the sole Class A limited partner of EPD IV, (b) EPCO was the general partner of EPD IV, and (c) the Common Units owned directly by EPD IV were 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.
4. These Common Units were distributed to EPCO Holdings by EPD IV effective as of April 23, 2024 in connection with the dissolution of EPD IV on such date. Prior to the dissolution of EPD IV, EPCO Holdings was the Class A limited partner of EPD IV. The remaining Common Units previously owned directly by EPD IV were distributed to the Class B limited partners of EPD IV upon such dissolution.
5. These Common Units are owned directly by 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.
6. These Common Units were disposed of upon the dissolution of EPCO Unit II L.P., a Delaware limited partnership ("EPCO II"), effective as of April 23, 2024.
7. Prior to the dissolution described above, these Common Units were owned directly by EPCO II, which was established for the benefit of certain EPCO employees who were its Class B limited partners. Prior to such dissolution, (a) EPCO Holdings was the sole Class A limited partner of EPCO II, (b) EPCO was the general partner of EPCO II, and (c) the Common Units owned directly by EPCO II were 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.
8. These Common Units were distributed to EPCO Holdings by EPCO II effective as of April 23, 2024 in connection with the dissolution of EPCO II on such date. Prior to the dissolution of EPCO II, EPCO Holdings was the Class A limited partner of EPCO II. The remaining Common Units previously owned directly by EPCO II were distributed to the Class B limited partners of EPCO II upon such dissolution.
9. These Common Units are owned directly by The Randa Duncan Williams 2018 Family Trust (the "RDW 2018 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 2018 Family Trust, except to the extent of her pecuniary interest therein.
10. These Common Units are owned directly by The Dannine Gale Duncan 2018 Family Trust (the "DGD 2018 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 2018 Family Trust, except to the extent of her pecuniary interest therein.
11. These Common Units are owned directly by The Milane Duncan Frantz 2018 Family Trust (the "MDF 2018 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 2018 Family Trust, except to the extent of her pecuniary interest therein.
12. These Common Units are owned directly by The Randa Duncan Williams 2023 Family Trust (the "RDW 2023 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 2023 Family Trust, except to the extent of her pecuniary interest therein.
13. These Common Units are owned directly by The Dannine Gale Duncan 2023 Family Trust (the "DGD 2023 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 2023 Family Trust, except to the extent of her pecuniary interest therein.
14. These Common Units are owned directly by The Milane Duncan Frantz 2023 Family Trust (the "MDF 2023 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 2023 Family Trust, except to the extent of her pecuniary interest therein.
15. 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.
16. 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.
17. 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.
18. 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.
19. 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.
20. The power of attorney under which this form was signed is on file with the Commission.
Remarks:
Transaction Code J - Other acquisition or disposition (describe transaction)
/s/Jennifer W. Dickson, Attorney-in-Fact on behalf of Randa Duncan Williams and Assistant Secretary of EPCO and EPCO Holdings 04/25/2024
** Signature of Reporting Person Date
Reminder: Report on 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.