ANDERSON IAN D 4
4 · KINDER MORGAN, INC. · Filed Jul 17, 2018
Insider Transaction Report
Form 4
ANDERSON IAN D
VP (President, KM Canada)
Transactions
- Disposition to Issuer
Phantom Restricted Stock Unit
2018-07-14$17.91/sh−25,083$449,237→ 0 total→ Class P Common Stock (25,083 underlying)
Footnotes (2)
- [F1]Each phantom restricted stock unit represents the right to receive, at settlement, cash in an amount equal to the closing price of one share of Class P Common Stock on the date of settlement, or the trading day next preceding the date of settlement, if such date is not on a trading day. The phantom restricted stock units may be settled only for cash and do not represent a right to receive, upon settlement or otherwise, any shares of Class P Common Stock. This transaction represents the cash settlement of phantom restricted stock units on their scheduled vesting and settlement date of July 14, 2018.
- [F2]Closing price of Class P Common Stock on the trading day next preceding the date of vesting and settlement of the phantom restricted stock units.