SEC Form 4 · accession 0000899243-16-033793
Targa Resources Corp. · TRGP
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Heim
Officer — Vice Chairman of the Board · Director
Period of report
Nov 15, 2016
Accepted (ET)
Nov 17, 2016 · 4:52 pm EST
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 StockF1 | Nov 15, 2016 | S | 10,000 | $49.52 | D | 162,914 | D | |
| Common StockF2,F3 | Nov 15, 2016 | S | 10,000 | $49.5438 | D | 81,672 | I | See Footnote |
| Common Stock | holding | — | — | — | 19,472 | I | By Wife | |
| Common StockF4 | holding | — | — | — | 137,378 | I | See Footnote | |
| Common StockF5 | holding | — | — | — | 57,973 | I | See Footnote | |
| Common StockF6 | holding | — | — | — | 38,400 | I | See Footnote | |
| Common Stock | holding | — | — | — | 52,077 | I | By IRA | |
| Common Stock | holding | — | — | — | 155 | I | By Daughter | |
| Common Stock | holding | — | — | — | 155 | I | By Daughter |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.50 to $49.55, 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 ranges set forth in footnotes (1) and (2) to this Form 4.
- F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $49.50 to $49.665, inclusive.
- F3These shares are held by the Patricia Heim 2009 Grantor Retained Annuity Trust, of which Mr. Heim and his spouse serve as co-trustees.
- F4These shares are held by The Michael Heim 2009 Family Trust, of which Mr. Heim and his son serve as co-trustees.
- F5These shares are held by the Pat Heim 2012 Family Trust, of which Mr. Heim's wife and his son serve as co-trustees.
- F6These shares are held by the Heim 2012 Children's Trust, of which Mr. Heim serves as trustee.