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KINDER MORGAN, INC. — Director's Dealing 2015
Oct 27, 2015
29959_dirs_2015-10-27_d7aa86e1-fa78-4008-af59-1cd8b7274797.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: 2015-10-27
Reporting Person: KINDER RICHARD D (Director, Executive Chairman, 10% Owner)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-10-27 | Depositary Shares | $ | P | 408163 | Acquired | Class P Common Stock (630203) | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Class P Common Stock | 234112353 | Direct |
| Class P Common Stock | 61479 | Indirect |
| Class P Common Stock | 11072258 | Indirect |
Footnotes
F1: The Reporting Person disclaims any and all beneficial or pecuniary interest in the shares owned by his spouse.
F2: The Reporting Person disclaims 99% of any beneficial ownership of the shares owned by such limited partnership.
F3: Each Depositary Share represents 1/20th of s share of Kinder Morgan, Inc.'s 9.75% Series A Mandatory Convertible Preferred Stock, par value $0.01 per share (the "Series A Preferred Stock"). At any time prior to October 26, 2018, a holder of 20 Depositary Shares may cause the conversion of one share of the Series A Preferred Stock into a number of shares of Kinder Morgan, Inc.'s Class P Common Stock ("Common Stock") equal to the minimum conversion rate of 30.8800 (equivalent to a Depositary Share to Common Stock conversion rate of 1.5440), subject to adjustment. On October 26, 2018, any Depositary Shares remaining outstanding will mandatorily convert to Common Stock at a conversion rate ranging from 30.8800 to 36.2840 shares of Common Stock per Depositary Share (or a Series A Preferred Stock to Common Stock conversion rate ranging from 1.5440 to 1.8142), subject to adjustment.