X0303 4 2010-05-26 0 0001338613 Regency Energy Partners LP RGNC 0001464952 Dixon Dennie W. 2001 BRYAN STREET SUITE 3700 DALLAS TX 75201 0 1 0 0 Sr. VP Operations Common Units 2010-05-26 4 M 0 20584 A 25118 D Common Units 2010-05-26 4 F 0 5446 22.25 D 19672 D Phantom Units 2010-05-26 4 M 0 9334 D 2010-05-26 2010-05-26 Common Units 9334 2800 D Restricted Units 2010-05-26 4 M 0 11250 D 2010-05-26 2010-05-26 Common Units 11250 0 D The holder settled 100 percent of his phantom units for RGNC common units on the date of vesting. These Phantom Units were granted on May 27, 2009. 4,800 of the phantom units contractually convert into a variable number of common units based on total unitholder return over a three year period or upon a change in control. This transaction represents the vesting of the original grant of 4,800 market condition phantom units multiplied by a factor of 1.5 due to a change in control event on May 26, 2010 in accordance with the terms of the grant plus the remaining 2,134 service condition phantom units. Each Phantom Unit and Restricted Unit is the economic equivalent of one common unit representing a limited partner interest in Regency Energy Partners LP. /s/ Dennie W. Dixon 2010-05-26