X0306 4 2015-04-30 1 0001338613 Regency Energy Partners LP RGP 0001429402 Sturrock Troy 2001 BRYAN STREET, SUITE 3700 DALLAS TX 75201 0 1 0 0 Principal Accounting Officer Common Units 2015-04-30 4 M 0 2000 A 15372 D Common Units 2015-04-30 4 F 0 547 22.35 D 14825 D Common Units 2015-04-30 4 D 0 14825 D 0 D Phantom Units with DER 2015-04-30 4 M 0 2000 0.00 D Common Units 2000 0 D Phantom Units with DER 2015-04-30 4 D 0 3200 0.00 D Common Units 3200 0 D Phantom Units with DER 2015-04-30 4 D 0 9200 0.00 D Common Units 9200 0 D Phantom Units with DER 2015-04-30 4 D 0 9000 0.00 D Common Units 9000 0 D Phantom Units with DER 2015-04-30 4 D 0 10000 0.00 D Common Units 10000 0 D Unit Options 22.00 2015-04-30 4 D 0 10000 D 2016-06-19 Common Units 10000 0 D Immediately prior to the merger of a wholly owned subsidiary of Energy Transfer Partners, L.P. ("ETP") with and into Regency Energy Partners LP ("RGP") effective on April 30, 2015 (the "Merger"), 2,000 of the reporting person's Phantom Units vested in full in accordance with the reporting persons December 17, 2010 Phantom Unit award, and an equal number of RGP common units were deemed issued in settlement thereof. Each Phantom Unit is the economic equivalent of one common unit representing a limited partner interest in RGP. Common Units withheld to cover taxes payable upon vesting of Phantom Units reported in Table II. Closing price for the RGP common units on April 28, 2015, the date used to calculate awards. Disposition in connection with the Merger. On April 29, 2015, the last trading day for the RGP common units, the closing price of the RGP common units was $23.47 per unit and the closing price of ETP's common units was $55.30 per unit. Each RGP common unit outstanding, and each common unit deemed issued and outstanding pursuant to the reported vestings was converted into the right to receive 0.4124 ETP common units (the "Merger Consideration"). Not applicable. Each Phantom Unit is the economic equivalent of one common unit representing a limited partner interest in RGP. Pursuant to the Merger, each of the reporting person's Phantom Unit awards granted on December 21, 2011, December 17, 2012, January 3, 2014 and December 19, 2014 was converted into the right to receive an award of phantom units relating to ETP common units based on the Merger Consideration. Immediately prior to the Merger, each of the reporting person's unit options received pursuant to the June 19, 2006 unit options award were deemed exercised on a net-issuance basis based on $22.35, the closing price of the RGP common units on April 28, 2015, the date used to calculate awards, and each net-issued common unit deemed to have been issued was converted into the right to receive 0.4124 ETP common units. /s/ A. Troy Sturrock 2015-05-04