THOMAS A. MARTIN - 31 Jan 2023 Form 4 Insider Report for KINDER MORGAN, INC. (KMI)

Signature
/s/ Thomas A. Martin
Issuer symbol
KMI
Transactions as of
31 Jan 2023
Transactions value $
-$2,910,377
Form type
4
Filing time
01 Feb 2023, 16:21:21 UTC
Previous filing
19 Jan 2023
Next filing
02 Aug 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMI Class P Common Stock Options Exercise $0 +404,158 +52% $0 1,175,810 31 Jan 2023 Direct F1
transaction KMI Class P Common Stock Tax liability -$2,910,377 -159,037 -14% $18.3 1,016,773 31 Jan 2023 Direct F2, F3
holding KMI Class P Common Stock 277,950 31 Jan 2023 By Trust F4

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 -404,158 -100% $0* 0 31 Jan 2023 Class P Common Stock 404,158 Direct F1, F5, F6
* 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 date of vesting.
F4 Shares are held by a trust for the benefit of family members of Mr. Martin with respect to which Mr. Martin shares voting and disposition power. Mr. Martin disclaims any beneficial ownership of these shares.
F5 Each restricted stock unit represents the right to receive, at settlement, one share of Class P Common Stock.
F6 These restricted stock units vested on January 31, 2023.