Johnson Roy E 4

4 · Targa Resources Corp. · Filed Dec 14, 2010

Form 4

Period: 2010-12-10

Executive Vice President

Transactions

Sale
Common Stock
2010-12-10$22.00/sh−128,820$2,834,040→ 138,010 total
Conversion
Series B Preferred Stock
2010-12-10−29,751→ 0 total
→ Common Stock (164,110 underlying)
Conversion
Common Stock
2010-12-10+164,110→ 266,830 total
Award
Common Stock
2010-12-10+92,204→ 230,214 total
Conversion
Common Stock
2010-12-10+58,972→ 58,972 total(indirect: By IRA)
Conversion
Series B Preferred Stock
2010-12-10−10,691→ 0 total(indirect: By IRA)
→ Common Stock (58,972 underlying)

Holdings

Footnotes (4)

[F1]Immediately prior to the consummation of the initial public offering of Targa Resources Corp. (the "IPO"), the Series B Preferred Stock converted into shares of common stock based on (a) the 10 to 1 conversion ratio applicable to the Series B Preferred Stock plus (b) the accreted value per share, which includes accrued and unpaid dividends of the Series B Preferred Stock divided by the IPO price for Targa's offering of common stock after deducting underwriting discounts and commissions and had no expiration date.
[F2]Reflects a 1 for 2.03 reverse stock split.
[F3]These shares are held by the Karen Johnson 2008 Family Trust, of which Mr. Johnson's spouse serves as trustee.
[F4]These shares are held by the Roy Johnson 2010 Family Trust, of which Mr. Johnson serves as trustee.

Documents

1 file