SEC Form 4 · accession 0001584746-16-000048
KINDER MORGAN, INC. · KMI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ian D Anderson
Officer — VP (Pres,Kinder Morgan Canada)
Period of report
Jul 14, 2015
Accepted (ET)
Jul 21, 2016 · 6:11 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 UnitF1,F2 | — | Jul 14, 2015 | A | 25,083 | A | — | — | Class P Common Stock | 25,083 | 25,083 | D |
| Phantom Restricted Stock UnitF1,F3,F4 | — | Jul 16, 2016 | D | 21,842 | D | — | — | Class P Common Stock | 21,842 | 0 | D |
| Phantom restricted Stock UnitF1,F5 | — | Jul 19, 2016 | A | 9,116 | A | — | — | Class P Common Stock | 9,116 | 9,116 | 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.
- F2These phantom restricted stock units are scheduled to vest and settle on July 14, 2018, subject to satisfaction of certain vesting requirements.
- F3These phantom restricted stock units vested and settled for cash on July 16, 2016.
- F4Closing price of Class P Common Stock on the trading day next preceding the date of vesting and settlement of the phantom restricted stock units.
- F5These phantom restricted stock units are scheduled to vest and settle on July 19, 2019, subject to achievement of certain performance hurdles and satisfaction of other vesting requirements.