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KKR & Co. Inc. — Director's Dealing 2021
Feb 27, 2021
10262_dirs_2021-02-26_d0412ee5-7b68-4cd7-b85a-fe1d62ceec3d.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: 2021-02-24
Reporting Person: Sorkin David (N/A)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-24 | Common Stock | C | 30000 | — | Acquired | 30000 | Direct |
| 2021-02-24 | Common Stock | C | 100000 | — | Acquired | 100000 | Indirect |
| 2021-02-25 | Common Stock | S | 30000 | $45.06 | Disposed | 0 | Direct |
| 2021-02-25 | Common Stock | S | 100000 | $44.9309 | Disposed | 0 | Indirect |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-24 | KKR Holdings L.P. Units | $ | C | 30000 | Disposed | Common Stock (30000) | Direct | |
| 2021-02-24 | KKR Holdings L.P. Units | $ | C | 100000 | Disposed | Common Stock (100000) | Indirect |
Footnotes
F1: KKR Group Partnership Units (which refers to Class A partner interests in KKR Group Partnership L.P.) were received from KKR Holdings L.P. in exchange for units of KKR Holdings L.P. along with shares of Series II preferred stock of KKR & Co. Inc. and exchanged for common stock of KKR & Co. Inc. in each case as described in footnote 2 below.
F2: 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 along with shares of Series II preferred stock of KKR & Co. Inc. on a one-for-one basis, and KKR Group Partnership Units and shares of Series II preferred stock are exchangeable for shares of common stock of KKR & Co. Inc. on a one-for-one basis.
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.
F4: Reflects a weighted average sale price. These shares of common stock of KKR & Co. Inc. were sold in multiple transactions at prices ranging from $44.89 to $44.95, inclusive. The Reporting Person will provide, upon request by the staff of the Securities and Exchange Commission, the Issuer, or a security holder of the Issuer, full information regarding the number of shares of common stock sold at each separate price.