4//SEC Filing
Rinne Norm 4
Accession 0001714973-18-000048
CIK 0001714973other
Filed
Sep 4, 8:00 PM ET
Accepted
Sep 5, 4:57 PM ET
Size
12.8 KB
Accession
0001714973-18-000048
Insider Transaction Report
Form 4
Rinne Norm
VP, Business Development
Transactions
- Exercise/Conversion
Restricted Voting Shares
2018-08-31+32,677→ 32,677 total - Tax Payment
Restricted Voting Shares
2018-08-31$17.18/sh−15,686$269,485→ 16,991 total - Exercise/Conversion
Restricted Share Unit
2018-08-31−32,677→ 0 total→ Restricted Voting Shares (32,677 underlying)
Footnotes (4)
- [F1]Each restricted share unit represents the right to receive either (i) a number of restricted voting shares equal to the number of vested restricted share units or (ii) an amount in cash equal to the fair market value of the restricted voting shares otherwise issuable. These restricted share units vested and settled in restricted voting shares on August 31, 2018 as a result of the closing of the transactions contemplated by the share and unit purchase agreement, dated May 29, 2018, among Kinder Morgan Cochin ULC, Her Majesty in right of Canada, the issuer and Kinder Morgan, Inc.
- [F2]Represents shares withheld by the issuer to satisfy tax withholding obligations upon vesting of restricted share units.
- [F3]Closing price, in Canadian dollars, of the issuer's restricted voting shares on the date of vesting.
- [F4]The restricted share units were scheduled to vest on the earlier of (i) July 25, 2020 or (ii) the three month anniversary of the in-service date of the Trans Mountain Expansion Project.
Issuer
Kinder Morgan Canada Ltd
CIK 0001714973
Entity typeother
Related Parties
1- filerCIK 0001726761
Filing Metadata
- Form type
- 4
- Filed
- Sep 4, 8:00 PM ET
- Accepted
- Sep 5, 4:57 PM ET
- Size
- 12.8 KB