Home/Filings/4/0001584746-15-000019
4//SEC Filing

KINDER MORGAN, INC. 4

Accession 0001584746-15-000019

$KMICIK 0001506307operating

Filed

Oct 26, 8:00 PM ET

Accepted

Oct 27, 4:44 PM ET

Size

8.2 KB

Accession

0001584746-15-000019

Insider Transaction Report

Form 4
Period: 2015-10-27
KEAN STEVEN J
DirectorExec VP & COO
Transactions
  • Purchase

    Depositary Shares

    2015-10-27$49.00/sh+5,102$249,9985,102 total
    Class P Common Stock (7,877 underlying)
Holdings
  • Class P Common Stock

    7,296,624
  • Class P Common Stock

    (indirect: By Partnership)
    230,000
Footnotes (3)
  • [F1]Includes 754,717 shares subject to forfeiture restrictions that lapse on July 16, 2019.
  • [F2]The reporting person is the sole general partnership of the limited partnership, and two trusts of which family members of the reporting person are sole beneficiaries and the reporting person is sole trustee each own a 49.5% limited partner interest in the limited partnership. The reporting person disclaims beneficial ownership of the Class P common stock held by the limited partnership except to the extent of his pecuniary interest therein.
  • [F3]Each Depositary Share represents 1/20th of s share of Kinder Morgan, Inc.'s 9.75% Series A Mandatory Convertible Preferred Stock, par value $0.01 per share (the "Series A Preferred Stock"). At any time prior to October 26, 2018, a holder of 20 Depositary Shares may cause the conversion of one share of the Series A Preferred Stock into a number of shares of Kinder Morgan, Inc.'s Class P Common Stock ("Common Stock") equal to the minimum conversion rate of 30.8800 (equivalent to a Depositary Share to Common Stock conversion rate of 1.5440), subject to adjustment. On October 26, 2018, any Depositary Shares remaining outstanding will mandatorily convert to Common Stock at a conversion rate ranging from 30.8800 to 36.2840 shares of Common Stock per Depositary Share (or a Series A Preferred Stock to Common Stock conversion rate ranging from 1.5440 to 1.8142), subject to adjustment.

Issuer

KINDER MORGAN, INC.

CIK 0001506307

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001506307

Filing Metadata

Form type
4
Filed
Oct 26, 8:00 PM ET
Accepted
Oct 27, 4:44 PM ET
Size
8.2 KB