SEC Form 4 · accession 0001506307-18-000033
KINDER MORGAN, INC. · KMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ian D Anderson
Officer — V.P./Pres,Kinder Morgan Canada
Period of report
Jul 14, 2018
Accepted (ET)
Jul 17, 2018 · 4:10 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001506307
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Restricted Stock UnitF2,F1 | — | Jul 14, 2018 | D | 25,083 | D | — | — | Class P Common Stock | 25,083 | 0 | D |
Explanation of responses
- F1Each phantom restricted stock unit represents the right to receive, at settlement, cash in an amount equal to the closing price of one share of Class P Common Stock on the date of settlement, or the trading day next preceding the date of settlement, if such date is not on a trading day. The phantom restricted stock units may be settled only for cash and do not represent a right to receive, upon settlement or otherwise, any shares of Class P Common Stock. This transaction represents the cash settlement of phantom restricted stock units on their scheduled vesting and settlement date of July 14, 2018.
- F2Closing price of Class P Common Stock on the trading day next preceding the date of vesting and settlement of the phantom restricted stock units.