Targa Resources Corp. — Director's Dealing 2022

Oct 4, 2022

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Targa Resources Corp. (TRGP)
CIK: 0001389170
Period of Report: 2022-09-30

Reporting Person: Evans Robert B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2022-09-30	Common Stock	J	18000	$0.00	Disposed	9000	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	49987	Direct
Common Stock	20000	Indirect

Footnotes

F1: Reflects the transfer of shares (the "Transfer") between Willie Lump Lump and His Sisters, Ltd. ("WLLHS") to MBE Management, LLC ("MBE"), which is wholly-owned by the reporting person's wife. Prior to the Transfer, the reporting person's wife held a one-third general partner interest (the "general partner interest") and a one-third limited partner interest (the "limited partner interest" and, together with the general partner interest, the "WLLHS interests") in WLLHS, and WLLHS held 27,000 shares of common stock, par value $0.001 (the "common stock"), of Targa Resources Corp. (the "Company") in the aggregate. The reporting person previously elected to report the 27,000 shares of common stock held by WLLHS in the aggregate in connection with the general partner interest held by the reporting person's wife.

F2: (continued from footnote 1) Pursuant to the Transfer, WLLHS transferred 9,000 shares of common stock, representing the pecuniary interest of the reporting person's wife in WLLHS due to her ownership of the WLLHS interests, to MBE. WLLHS transferred its remaining 18,000 shares of common stock to persons not subject to the reporting obligations of Section 16a of the Securities Exchange Act of 1934, as amended. Accordingly, the Transfer constitutes a mere change in form of indirect beneficial ownership and is an exempt transfer under Rule 16a-13; however, the reporting person has elected to voluntarily report the Transfer.