SEC FORM 4 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
 
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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*
RAY WILLIAM D

(Last) (First) (Middle)
2727 NORTH LOOP WEST

(Street)
HOUSTON TX 77008

(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)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
08/07/2003
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
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 08/07/2003 M 20,000 A $9 42,108 D
Common Units Representing Limited Partnership Intersts 08/07/2003 F 11,706 D $21.48 30,402 D
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
Employee Unit Options -- Right to Buy #98-14 $9 08/07/2003 M 20,000 04/16/2002 09/30/2009 Common Units 20,000 $0 20,000 D
Explanation of Responses:
Remarks:
John E. Smith, Attorney-in-Fact for William D. Ray 08/08/2003
** 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.
POWER OF ATTORNEY

	KNOW ALL PERSONS BY THIS DOCUMENT:  That  I, WILLIAM D. RAY, have made,
	constituted, and appointed, and by this document do make, constitute,
	and appoint  RICHARD H. BACHMANN, MICHAEL A. CREEL and JOHN E. SMITH, of
	the County of Harris, State of Texas, whose signatures are:

					s/ Richard H. Bachmann
			         	__________________________________
			         	Richard H. Bachmann, Attorney-in-Fact

					s/ Michael A. Creel
                                        __________________________________
                                        Michael A. Creel, Attorney-in-Fact

					s/ John E. Smith
                                        __________________________________
                                        John E. Smith, Attorney-in-Fact

or any of them, signing singly, my true and lawful attorney-in-fact, and in my
name, place, and stead to:

1. Execute, deliver and file on behalf of the undersigned, in the undersigned's
capacity as an officer or director of Enterprise Products GP, LLC, the sole
general partner of Enterprise Products Partners L.P. (the "Company"), any U.S.
Securities and Exchange Commission Form 3, 4 and 5 in accordance with Section
16(a) of the Securities Exchange Act of 1934 and the rules thereunder with
respect to holdings of or trading in securities issued by the Company;

2. Do and perform any and all acts for and on behalf of the undersigned which
may be necessary or desirable to complete and execute any such Form 3, 4 or 5
and timely file such form or any amendment thereto with the United States
Securities and Exchange Commission and any stock exchange or similar authority;
and

3.  Take any other action of any type whatsoever in connection with or in
furtherance of the matters described in paragraphs 1 and 2 above which in the
opinion of my attorney-in-fact may be of benefit to, and in the best interest
of, or legally required by, the undersigned.

	Giving and granting to each such attorney-in-fact full power and
	authority to do and perform every act necessary and proper to be done in
	the exercise of the foregoing powers as fully as I might or could do if
	personally present, with full power of substitution and revocation,
	hereby ratifying and confirming all that such attorney-in-fact, or such
	attorney-in-fact's substitutes, shall lawfully do or cause to be done by
	virtue of this power of attorney and the rights and powers herein
	granted.  The undersigned acknowledges that each attorney-in-fact, in
	serving in such capacity at the request of the undersigned, is not
	assuming, nor is the Company assuming, any of the undersigned's
	responsibilities to comply with Section 16 of the Securities Exchange
	Act of 1934.

	This Power of Attorney shall remain in effect until the undersigned is
	no longer required to file Forms 3, 4 and 5 with respect to the
	undersigned's holdings of and transactions in securities issued by the
	Company, unless revoked by the undersigned in a signed writing delivered
	to each of  the foregoing attorneys-in-fact.

	IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to
	be executed as of this 1st day of June, 2000.


				          S/ William D. Ray
				          ___________________________
				          WILLIAM D. RAY