4//SEC Filing
KINDER MORGAN, INC. 4
Accession 0001584746-16-000035
$KMICIK 0001506307operating
Filed
Jan 31, 7:00 PM ET
Accepted
Feb 1, 3:52 PM ET
Size
7.2 KB
Accession
0001584746-16-000035
Insider Transaction Report
Form 4
MACDONALD DEBORAH
Director
Transactions
- Purchase
Depositary Shares
2016-01-28$42.45/sh+3,000$127,335→ 3,000 total→ Class P Common Stock (4,632 underlying)
Holdings
- 12,226
Class P Common Stock
Footnotes (2)
- [F1]Each Depositary Share represents 1/20th of a 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.
- [F2]The price reported in column 8 is a weighted average price. These depositary shares were purchased in multiple transactions at prices ranging from $42.399 to $42.4987 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of depositary shares purchased at each separate price.
Documents
Issuer
KINDER MORGAN, INC.
CIK 0001506307
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0001506307
Filing Metadata
- Form type
- 4
- Filed
- Jan 31, 7:00 PM ET
- Accepted
- Feb 1, 3:52 PM ET
- Size
- 7.2 KB