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KINDER MORGAN, INC. — Director's Dealing 2018
Sep 5, 2018
29959_dirs_2018-09-05_9802d5e3-3ad9-4ef8-a35a-822de9a154e6.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: 2018-08-31
Reporting Person: ANDERSON IAN D (V.P./Pres,Kinder Morgan Canada)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-08-31 | Phantom Restricted Stock Unit | $ | D | 6997 | Disposed | Class P Common Stock (6997.0) | Direct |
Footnotes
F1: Each 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. This transaction represents the cash settlement of phantom restricted stock units on August 31, 2018 as a result of the closing of the transactions contemplated by theshare and unit purchase agreement, dated May 29, 2018, among Kinder Morgan Cochin ULC, Her Majesty in right of Canada, Kinder Morgan Canada Limited and the issuer.
F2: These phantom restricted stock units were scheduled to vest and settle on July 19, 2019, subject to achievement of certain performance hurdles and satisfaction of other vesting requirements.
F3: Closing price of Class P Common Stock on the date of settlement.