Dax Sanders - 31 Jul 2022 Form 4 Insider Report for KINDER MORGAN, INC. (KMI)

Role
VP (Pres., Products Pipelines)
Signature
/s/ Dax Sanders
Issuer symbol
KMI
Transactions as of
31 Jul 2022
Net transactions value
-$1,099,279
Form type
4
Filing time
02 Aug 2022, 12:22:11 UTC
Previous filing
20 Jul 2022
Next filing
20 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMI Class P Common Stock Options Exercise $0 +84,794 +42% $0.000000 286,899 31 Jul 2022 Direct F1
transaction KMI Class P Common Stock Options Exercise $0 +71,737 +25% $0.000000 358,636 31 Jul 2022 Direct F1
transaction KMI Class P Common Stock Tax liability $1,099,279 -61,105 -17% $17.99 297,531 31 Jul 2022 Direct F2, F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KMI Restricted Stock Unit Options Exercise $0 -84,794 -100% $0.000000* 0 31 Jul 2022 Class P Common Stock 84,794 Direct F1, F4, F5
transaction KMI Restricted Stock Unit Options Exercise $0 -71,737 -100% $0.000000* 0 31 Jul 2022 Class P Common Stock 71,737 Direct F1, F4, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This transaction represents the settlement of restricted stock units in shares of Class P Common Stock on their scheduled vesting date.
F2 Represents shares withheld by the issuer to satisfy tax withholding obligations upon the reported vesting of restricted stock units.
F3 Closing price of Class P Common Stock on the last trading day before the vesting date.
F4 Each restricted stock unit represents the right to receive, at settlement, one share of Class P Common Stock.
F5 These restricted stock units vested on July 31, 2022.