Fournier Daniel P.E. 4
4 · Kinder Morgan Canada Ltd · Filed Dec 16, 2019
Insider Transaction Report
Form 4
Fournier Daniel P.E.
Director
Transactions
- Disposition to Issuer
Restricted Voting Shares
2019-12-16−5,500→ 0 total
Footnotes (3)
- [F1]The disposition occurred upon completion of the acquisition of all of the issuer's outstanding common equity by Pembina Pipeline Corporation ("Pembina") via statutory arrangement under the Business Corporations Act (Alberta) (the "Arrangement").
- [F2]The number of restricted voting shares reflects the one-for-three share consolidation effected by the issuer on January 4, 2019.
- [F3]On December 13, 2019, the last trading day for the issuer's restricted voting shares prior to completion of the Arrangement, the closing prices on the Toronto Stock Exchange per restricted voting share and per Pembina common share were $10.94 and $35.75, respectively, as converted from C$14.42 and C$47.12, respectively. Under the Arrangement, each restricted voting share was cancelled in exchange for 0.3068 of a common share of Pembina.