Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
MCREYNOLDS JOHN W
  2. Issuer Name and Ticker or Trading Symbol
Energy Transfer Equity, L.P. [ETE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President
(Last)
(First)
(Middle)
8111 WESTCHESTER DRIVE
3. Date of Earliest Transaction (Month/Day/Year)
12/04/2015
(Street)

DALLAS, TX 75225
4. If Amendment, Date 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
(City)
(State)
(Zip)
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 12/04/2015   P   84,667 A $ 16.14 (1) 507,467 (2) D  
Common Units               10,086,280 (3) I By McReynolds Equity Partners, L.P.
Common Units               14,490,408 (4) I By McReynolds Energy Partners, L.P.
Common Units               400 (5) I By Son

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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 Underlying Securities
(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 of Derivative Security: 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

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
MCREYNOLDS JOHN W
8111 WESTCHESTER DRIVE
DALLAS, TX 75225
  X     President  

Signatures

 Sonia Aube, Attorney-in-fact for Mr. McReynolds   12/08/2015
**Signature of Reporting Person Date

Explanation of Responses:

* 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).
(1) The price reported in Column 4 is a weighted average price. These common units were purchased in multiple transactions at prices ranging from $15.97 to $16.28, inclusive. The reporting person undertakes to provide to Energy Transfer Equity, L.P. (ETE), any security holder of ETE, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of units purchased at each separate price within this range.
(2) The reporting person's ownership of an additional 211,400 common units is a result of the 2-for-1 split of ETE units that occurred on July 15, 2015.
(3) The reporting person's indirect ownership of an additional 5,043,140 common units is a result of a 2-for-1 split of ETE units that occurred on July 15, 2015.
(4) The reporting person's indirect ownership of an additional 7,245,204 common units is a result of a 2-for-1 split of ETE units that occurred on July 15, 2015.
(5) The reporting person's indirect ownership of an additional 200 common units is a result of a 2-for-1 split of ETE units that occurred on July 15, 2015.

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