Kimberly A. Dang - 31 Jul 2023 Form 4 Insider Report for KINDER MORGAN, INC. (KMI)

Signature
/s/ Kimberly A. Dang
Issuer symbol
KMI
Transactions as of
31 Jul 2023
Net transactions value
-$1,385,471
Form type
4
Filing time
02 Aug 2023, 12:13:11 UTC
Previous filing
20 Jul 2023
Next filing
18 Jul 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMI Class P Common Stock Gift $0 -33,346 -7.8% $0.000000 395,179 16 Feb 2023 Direct
transaction KMI Class P Common Stock Options Exercise $0 +198,808 +50% $0.000000 593,987 31 Jul 2023 Direct F1
transaction KMI Class P Common Stock Tax liability $1,385,471 -78,231 -13% $17.71 515,756 31 Jul 2023 Direct F2, F3
holding KMI Class P Common Stock 2,026,048 31 Jul 2023 By Limited Partnership 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 -198,808 -100% $0.000000* 0 31 Jul 2023 Class P Common Stock 198,808 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 The reporting person disclaims 10% of any beneficial ownership of the shares owned by such limited partnership.
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 July 31, 2023.