SEC Form 4 · accession 0001506307-18-000034
KINDER MORGAN, INC. · KMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dax Sanders
Officer — E.V.P.; Chief Strategy Officer
Period of report
Jul 16, 2018
Accepted (ET)
Jul 17, 2018 · 6:20 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001506307
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class P Common StockF1,F2 | Jul 16, 2018 | F | 24,749 | $17.80 | D | 249,178 | D | |
| Class P Common Stock | holding | — | — | — | 2,000 | I | By Spouse | |
| Class P Common StockF3 | holding | — | — | — | 800 | I | By Mother's IRA | |
| Class P Common StockF4 | holding | — | — | — | 800 | I | Joint Tenant |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares withheld by the issuer to satisfy tax withholding obligations upon vesting of 62,894 shares of restricted stock under the Kinder Morgan, Inc. 2015 Amended and Restated Stock Incentive Plan.
- F2Closing price of Class P Common Stock on the date of vesting.
- F3Represents shares held in IRA accounts of the reporting person's mother over which the reporting person has been granted a limited power of attorney on behalf of and for the benefit of his mother and with respect to which he is a contingent beneficiary. The reporting person disclaims beneficial ownership of these securities.
- F4Represents shares held in a brokerage account from which all dividends and other payments are made to the reporting person's mother and with respect to which the reporting person is a joint tenant with right of survivorship. The reporting person disclaims beneficial ownership of these securities.