X0306 4 2016-01-15 0 0001136352 Crestwood Equity Partners LP CEQP 0001503168 Lambert Joel Christian 700 LOUISIANA STREET SUITE 2550 HOUSTON TX 77002 0 1 0 0 SVP - General Counsel Common Units 2016-01-15 4 A 0 37955 0.00 A 53305 D Phantom Units Common Units 11808.4556 11808.4556 D Restricted units granted under the Crestwood Equity Partners LP Long Term Incentive Plan, as amended. The restricted units vest at the rate of 33.33% on each anniversary of the grant date. Each phantom unit is the economic equivalent of one common unit representing a limited partnership interest in CEQP. The forfeiture restrictions on the phantom units shall lapse, and the phantom units shall vest and convert to an equal number of common units on the third (3rd) anniversary of the grant date. Effective after the market closed on November 23, 2015, Crestwood Equity Partners LP's common units underwent a 1 for 10 reverse split. /s/ Judy Riddle, attorney-in-fact for Joel C. Lambert 2015-01-15