Sital K. Mody - 21 Jul 2023 Form 4 Insider Report for KINDER MORGAN, INC. (KMI)

Role
V.P. (Pres.,Nat Gas Pipelines)
Signature
/s/ Sital K. Mody
Issuer symbol
KMI
Transactions as of
21 Jul 2023
Transactions value $
-$336,545
Form type
4
Filing time
24 Jul 2023, 18:11:49
Previous filing
20 Jul 2023
Next filing
07 Aug 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 +48K +179.88% $0.00 74.8K 21 Jul 2023 Direct F2
transaction KMI Class P Common Stock Tax liability -$337K -18.9K -25.29% $17.80 55.8K 21 Jul 2023 Direct F4, F5

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 -48K -100% $0.00* 0 21 Jul 2023 Class P Common Stock 48K Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit represents the right to receive, at settlement, one share of Class P Common Stock.
F2 This transaction represents the settlement of restricted stock units in shares of Class P Common Stock on their scheduled vesting date.
F3 These restricted stock units vested on July 21, 2023.
F4 Represents shares withheld by the issuer to satisfy tax withholding obligations upon the reported vesting of restricted stock units.
F5 Closing price of Class P Common Stock on the date of vesting.