SEC Form 4 · accession 0001506307-18-000087
KINDER MORGAN, INC. · KMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven J Kean
Officer — Chief Executive Officer · Director
Period of report
Oct 26, 2018
Accepted (ET)
Oct 30, 2018 · 12:01 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 | 9,256 | $0.00 | A | 7,324,030 | D | |
| Class P Common StockF1 | holding | — | — | — | 230,000 | I | By Limited Partnership |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Depositary SharesF2 | — | Oct 26, 2018 | M | 5,102 | D | — | — | Class P Common Stock | 9,256 | 0 | D |
Explanation of responses
- F1The reporting person is the sole general partner of the limited partnership; two trusts (of which family members of the reporting person are sole beneficiaries and the reporting person is sole trustee) each own a 49.5% limited partner interest in the limited partnership. The reporting person disclaims beneficial ownership of the Class P common stock held by the limited partnership except to the extent of his pecuniary interest therein.
- F2Each 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.