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KKR & Co. Inc. Director's Dealing 2011

Oct 4, 2011

10262_dirs_2011-10-04_f566dee0-5066-4d3c-ade3-45a762b75405.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KKR & Co. L.P. (KKR)
CIK: 0001404912
Period of Report: 2011-10-01

Reporting Person: GRUNDFEST JOSEPH (Director)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2011-10-01 Common Units M 10000 Acquired 10000 Indirect

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2011-10-01 Restricted Equity Units $ M 10000 Disposed Common Units (10000) Indirect
2011-10-03 Restricted Equity Units $ A 10000 Acquired Common Units (10000) Direct

Footnotes

F1: These restricted equity units of KKR & Co. L.P. (which were granted to the Reporting Person on October 1, 2010 and transferred to the Reporting Person's living trust on November 10, 2010) vested on October 1, 2011 and were settled in accordance with their terms for common units of KKR & Co. L.P. on a one-for-one basis.

F2: These securities are held by the Reporting Person's living trust.

F3: These restricted equity units of KKR & Co. L.P. were granted under the KKR & Co. L.P. 2010 Equity Incentive Plan and will vest on October 1, 2012 so long as the Reporting Person continues to serve as a director of the general partner of KKR & Co. L.P. or, if earlier, upon the Reporting Person's death or permanent disability or a change in control. KKR & Co. L.P. will deliver to the Reporting Person one common unit of KKR & Co. L.P. for each vested restricted equity unit.