SEC Form 4 · accession 0001140361-18-024755
KKR & Co. Inc. · KKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Sorkin
Officer — General Counsel and Secretary
Period of report
May 16, 2018
Accepted (ET)
May 18, 2018 · 6:27 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001404912
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common UnitsF2 | May 16, 2018 | C | 150,000 | — | A | 321,407 | D | |
| Common Units | May 16, 2018 | G | 150,000 | $0.00 | D | 171,407 | D | |
| Common UnitsF4 | May 16, 2018 | G | 150,000 | $0.00 | A | 150,000 | I | See Footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| KKR Holdings L.P. UnitsF2 | — | May 16, 2018 | C | 150,000 | D | — | — | Common Units | 150,000 | 2,465,260 | D |
| KKR Holdings L.P. UnitsF5,F2 | — | holding | — | — | — | — | — | Common Units | 958,333 | 958,333 | I |
Explanation of responses
- F1KKR Group Partnership Units (which term refers collectively to Class A partner interests in each of KKR Management Holdings L.P., KKR Fund Holdings L.P. and KKR International Holdings L.P.) were received from KKR Holdings L.P. in exchange for units of KKR Holdings L.P. and exchanged for common units of KKR & Co. L.P. in each case as described in footnote 2 below.
- F2Pursuant to an exchange agreement as contemplated by KKR & Co. L.P.'s prospectus dated September 21, 2011, filed with the Securities and Exchange Commission on September 23, 2011, units of KKR Holdings L.P. are exchangeable for KKR Group Partnership Units on a one-for-one basis, and KKR Group Partnership Units are exchangeable for common units of KKR & Co. L.P. on a one-for-one basis.
- F3Reflects a transfer of common units of KKR & Co. L.P. received upon the exchange described in footnote 1 above from the Reporting Person to a limited partnership.
- F4These common units are held by a limited partnership controlled by the Reporting Person. These 150,000 common units are being held by the limited partnership solely for purposes of future charitable donations.
- F5These securities are held by a limited partnership, whose general partner is a limited liability company over which the Reporting Person has investment discretion.
Remarks
Pursuant to Rule 16a-1(a)(4) under the Exchange Act, the Reporting Person states that this filing shall not be an admission that the Reporting Person is the beneficial owner of any of the securities reported herein as indirectly owned, and the Reporting Person disclaims beneficial ownership of such securities except to the extent of the Reporting Person's pecuniary interest therein.