1. Name and Address of Reporting Person
JENKINS, GREG G.
EL PASO CORPORATION
1001 LOUISIANA STREET
HOUSTON, TX 77002-
2. Issuer Name and Ticker or Trading Symbol
EL PASO CORPORATION (EP)
3. IRS or Social Security Number of Reporting Person (Voluntary)
4. Statement for Month/Day/Year
11/07/2002
5. If Amendment, Date of Original (Month/Day/Year)
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
( ) Director ( ) 10% Owner
( ) Officer (give title below) (X) Other (specify below)
PRES, DIVERSIFIED BUSINESS
7. Individual or Joint/Group Filing (Check Applicable Line)
(X) Form filed by One Reporting Person
( ) Form filed by More than One Reporting Person
TABLE I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
+------------------------------+----------+----------+---------+--------------------------+--------------+-----------+------------+
|1. Title of Security |2. Trans- |2A.Execu- |3. Trans-|4. Securities Acquired (A)|5. Amount of |6. Owner- |7. Nature |
| | action | action | action| or Disposed of (D) |Securities | ship | of In- |
| | Date | Date | Code | |Beneficially | Form: | direct |
| | | | | |Owned | Direct | Bene- |
| | (Month/ | (Month/ | | |Following | (D) or | ficial |
| | Day/ | Day/ +-----+---+-----------+---+----------+Reported | Indirect| Owner- |
| | Year) | Year) |Code |V |Amount |A/D|Price |Transaction(s)| (I) | ship |
+------------------------------+----------+----------+-----+---+-----------+---+----------+--------------+-----------+------------+
Common Stock 01/11/2002 01/11/2002 A V 30000 A $0.0000 D
Common Stock 11/07/2002 11/07/2002 M 84829 A $0.0000 D
Common Stock 11/07/2002 11/07/2002 F -32744 D $9.3300 163085 D
Common Stock 1237 I 401(k) Plan
TABLE II -- Derivative Securities Acquired, Disposed of, or Beneficially Owned
+----------+--------+-------+-------+---------+-----------+---------------------+----------------+----------+-------+-------+------+
|1. |2. |3. |3A. |4. |5. |6. |7. |8. |9. |10. |11. |
| | | | | | | | | |Number |Owner- | |
| | | | | | | | | |of |ship | |
| | | | | | | | | |Deriv- |Form of| |
| | | | | | | |Title and Amount| |ative |Deriv- | |
| | | | | | | |of Underlying | |Secur- |ative |Nature|
| |Conver- |Trans- |Execu- | |Number of | |Securities | |ities |Secur- |of |
| |sion or |action |tion | |Derivative |Date Exercisable +-------+--------+ |Benefi-|ity: |In- |
| |Exercise|Date |Date | |Securities |and Expiration Date | |Amount | |cially |Direct |direct|
| |Price of| | |Transac- |Acquired(A)|(Month/Day/Year) | |or | |Owned |(D) or |Bene- |
|Title of |Deriv- |(Month/|(Month/|tion Code|Disposed(D)+----------+----------+ |Number |Price of | |In- |ficial|
|Derivative|ative | Day/ | Day/ +------+--+-----+-----+Date Exer-|Expira- | |of |Derivative| |direct |Owner-|
|Security |Security|Year) |Year) |Code |V |(A) |(D) |cisable |tion Date |Title |Shares |Security | |(I) |ship |
+----------+--------+-------+-------+------+--+-----+-----+----------+----------+-------+--------+----------+-------+-------+------+
Deferred $0 11/07/2 11/07/2 M 84829 Common 84829 $0.0000 0 D
Common 002 002 Stock
Stock Units
Stock $46.275 01/11/2 01/11/2 A V 65000 08/13/2002 08/13/2011 Common 65000 $0.0000 65000 D
Option 002 002 Stock
(right to
buy)
Stock $62.975 01/11/2 01/11/2 A V 10000 01/29/2002 01/29/2011 Common 100000 $0.0000 D
Option 002 002 0 Stock
(right to
buy)
Stock $62.975 01/11/2 01/11/2 A V 18750 01/29/2002 01/29/2011 Common 18750 $0.0000 118750 D
Option 002 002 Stock
(right to
buy)
Explanation of Responses:
Restricted stock granted pursuant to the 2001 Omnibus Incentive Compensation
Plan. Shares of stock are required to be withheld to satisfy tax obligation in
the event these shares vest.
One half of this grant vests each year on the anniversary date of the grant.
The nonqualified stock options permit the exercise price and/or tax obligation
to be satisfied by withholding shares issuable thereunder.
One third of this grant vests each year on the anniversary date of the grant.
SIGNATURE OF REPORTING PERSON
/s/ David L. Siddall (POA)
DATE
11/08/2002