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KKR & Co. Inc. — Director's Dealing 2018
Nov 10, 2018
10262_dirs_2018-11-09_ff33f700-ed0a-458d-969b-5c1c729c6e73.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: KKR & Co. Inc. (KKR)
CIK: 0001404912
Period of Report: 2018-11-08
Reporting Person: Sorkin David (N/A)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2018-11-08 | KKR Holdings L.P. Units | $ | G | 247494 | Disposed | Class A Common Stock (247494) | Indirect | |
| 2018-11-08 | KKR Holdings L.P. Units | $ | G | 247494 | Acquired | Class A Common Stock (247494) | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| KKR Holdings L.P. Units | $ | Class A Common Stock (2465260) | 2465260 | Direct |
Footnotes
F1: Pursuant to an exchange agreement as disclosed in KKR & Co. Inc.'s prospectus dated September 21, 2011, filed with the Securities and Exchange Commission ("SEC") on September 23, 2011, as amended by a post-effective amendment filed with the SEC on July 2, 2018, units of KKR Holdings L.P. are exchangeable for KKR Group Partnership Units (which term refers collectively to Class A partner interests in each of KKR Management Holdings L.P., KKR Fund Holdings L.P. and KKR International Holdings L.P.) along with corresponding shares of Class C common stock of KKR & Co. Inc. on a one-for-one basis, and KKR Group Partnership Units and corresponding shares of Class C common stock are exchangeable for shares of Class A common stock of KKR & Co. Inc. on a one-for-one basis.
F2: On November 8, 2018, for estate planning purposes, the Reporting Person's spouse made a gift of limited partner interests in the limited partnership described in footnote 3 below (the "Partnership") to trusts for the benefit of the Reporting Person's family members. The number reported reflects the units of KKR Holdings L.P. held by the Partnership that corresponds to the limited partner interests gifted on such date. The gift was exempt from matching pursuant to Rule 16b-5 under the Securities Exchange Act of 1934 (the "Exchange Act").
F3: These securities are held by a limited partnership, whose general partner is a limited liability company over which the Reporting Person has investment discretion. The number reported as beneficially owned following the reported transaction reflects the aggregate number of units of KKR Holdings L.P. held by the Partnership.