SEC Form 4 · accession 0000899243-16-030006
Targa Resources Corp. · TRGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joe Bob Perkins
Officer — Chief Executive Officer · Director
Period of report
Sep 22, 2016
Accepted (ET)
Sep 26, 2016 · 4:34 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001389170
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2,F3 | Sep 22, 2016 | S | 7,843 | $50.4545 | D | 299,527 | I | See Footnote |
| Common Stock | holding | — | — | — | 435,042 | D | ||
| Common Stock | holding | — | — | — | 13,762 | I | By IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 16, 2016.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50 to $50.83, inclusive. The reporting person undertakes to provide to Targa Resources Corp., any security holder of Targa Resources Corp., or the staff of the United States Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4.
- F3These shares are owned by the Perkins Blue House Investments Limited Partnership ("PBHILP"). Mr. Perkins is the sole member of JBP GP, L.L.C., one of the general partners of the PBHILP.