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KINDER MORGAN, INC. — Director's Dealing 2011
Mar 29, 2011
29959_dirs_2011-03-29_d01fc049-4f86-4045-a1b5-ec1a9a8a4a38.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KINDER MORGAN, INC. (KMI)
CIK: 0001506307
Period of Report: 2011-03-28
Reporting Person: KINDER RICHARD D (Director, Chairman & CEO, 10% Owner)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2011-03-28 | Class P common stock | P | 100000 | $29.80 | Acquired | 100000 | Direct |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| Class A common stock | $ | Class P common stock (216492170) | 216492170 | Direct | |
| Class A common stock | $ | Class P common stock (46664) | 46664 | Indirect | |
| Class B common stock | $ | Class P common stock () | 26666667 | Direct | |
| Class B common stock | $ | Class P common stock () | 13333333 | Indirect |
Footnotes
F1: The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $29.71 to $29.93, inclusive. The reporting person undertakes to provide to the issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2: The shares of the issuer's Class A common stock, Class B common stock and Class C common stock are convertible into a fixed aggregate number of shares of the issuer's Class P common stock. The shares of Class A common stock initially are convertible at any time into shares of Class P common stock on a one-for-one basis, and the shares of Class B common stock and Class C common stock initially are not convertible into any shares of Class P common stock. Upon certain circumstances, the shares of Class B common stock and Class C common stock may convert into shares of common stock, and the shares of Class A common stock would become convertible into a correspondingly lesser number of shares of Class P common stock. Any shares of Class A common stock, Class B common stock and Class C common stock outstanding on May 31, 2015 will automatically convert into shares of Class P common stock.
F3: The Reporting Person disclaims beneficial ownership of the shares owned by his spouse, and his report shall not be deemed an admission that the Reporting Person is the beneficial owner of such shares.
F4: The Reporting Person transferred 13,333,333 shares to a limited partnership and disclaims 99% of any beneficial ownership of the shares owned by the limited partnership.