SEC Form 4 · accession 0001506307-18-000086
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
Oct 26, 2018
Accepted (ET)
Oct 30, 2018 · 12:00 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 Stock | Oct 26, 2018 | M | 1,110 | $0.00 | A | 250,288 | D | |
| Class P Common Stock | holding | — | — | — | 2,000 | I | By Spouse | |
| Class P Common StockF1 | holding | — | — | — | 800 | I | By Mother's IRA | |
| Class P Common StockF2 | holding | — | — | — | 800 | I | Joint Tenant |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Depositary SharesF3 | — | Oct 26, 2018 | M | 612 | D | — | — | Class P Common Stock | 1,110 | 0 | D |
Explanation of responses
- F1Represents 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.
- F2Represents 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.
- F3Each Depositary Share represents 1/20th of a share of Kinder Morgan, Inc.'s 9.75% Series A Mandatory Convertible Preferred Stock, par value $0.01 per share. The Depositary Shares mandatorily converted to Class P Common Stock on October 26, 2018 at a conversion rate of 1.8142 shares of Class P Common Stock per Depositary Share.