X0202 3 2008-02-21 0 0001338613 Regency Energy Partners LP RGNC 0001429397 Ming Shannon A. 1700 PACIFIC AVENUE SUITE 2900 DALLAS TX 75201 0 1 0 0 VP, Investor Relations & Comm. Common Units 23500 D Unit Options 21.60 2007-04-07 2016-04-07 Common Units 3333 D Unit Options 21.60 2007-06-19 2016-04-07 Common Units 6667 D Subordinated Units Common Units 4166 D 14,000 of the units were awarded pursuant to the Issuer's Long-Term Incentive Plan as restricted common units and are scheduled to vest in four equal annual installments begining on June 26, 2008. The subordinated units shall convert into common units on a one-for-one basis after December 31, 2006, upon satisfaction of the conditions for conversion set forth in the Issuer's First Amended and Restated Agreement of Limited Partnership, as amended. The conditions are based on the amount of quarterly distributions by the Issuer with respect to its common and subordinated units. As of date, the conditions for conversion have not been satisfied. The subordinated units have no expiration date. Shannon A. Ming 2008-03-13