Robert B. Evans - Sep 30, 2022 Form 4 Insider Report for Targa Resources Corp. (TRGP)

Role: Director
Signature: /s/ Robert B. Evans
Stock symbol: TRGP
Transactions as of: Sep 30, 2022
Transactions value $: $0
Form type: 4
Date filed: 10/4/2022, 04:31 PM
Previous filing: May 31, 2022
Next filing: Jan 23, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	TRGP	Common Stock	Other	$0	-18K	-66.67%	$0.00	9K	Sep 30, 2022	By wife, through MBE Management, LLC	F1, F2
holding	TRGP	Common Stock						50K	Sep 30, 2022	Direct
holding	TRGP	Common Stock						20K	Sep 30, 2022	By IRA

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Reflects the transfer of shares (the "Transfer") between Willie Lump Lump and His Sisters, Ltd. ("WLLHS") to MBE Management, LLC ("MBE"), which is wholly-owned by the reporting person's wife. Prior to the Transfer, the reporting person's wife held a one-third general partner interest (the "general partner interest") and a one-third limited partner interest (the "limited partner interest" and, together with the general partner interest, the "WLLHS interests") in WLLHS, and WLLHS held 27,000 shares of common stock, par value $0.001 (the "common stock"), of Targa Resources Corp. (the "Company") in the aggregate. The reporting person previously elected to report the 27,000 shares of common stock held by WLLHS in the aggregate in connection with the general partner interest held by the reporting person's wife.
F2	(continued from footnote 1) Pursuant to the Transfer, WLLHS transferred 9,000 shares of common stock, representing the pecuniary interest of the reporting person's wife in WLLHS due to her ownership of the WLLHS interests, to MBE. WLLHS transferred its remaining 18,000 shares of common stock to persons not subject to the reporting obligations of Section 16a of the Securities Exchange Act of 1934, as amended. Accordingly, the Transfer constitutes a mere change in form of indirect beneficial ownership and is an exempt transfer under Rule 16a-13; however, the reporting person has elected to voluntarily report the Transfer.

Content

Reflects the transfer of shares (the "Transfer") between Willie Lump Lump and His Sisters, Ltd. ("WLLHS") to MBE Management, LLC ("MBE"), which is wholly-owned by the reporting person's wife. Prior to the Transfer, the reporting person's wife held a one-third general partner interest (the "general partner interest") and a one-third limited partner interest (the "limited partner interest" and, together with the general partner interest, the "WLLHS interests") in WLLHS, and WLLHS held 27,000 shares of common stock, par value $0.001 (the "common stock"), of Targa Resources Corp. (the "Company") in the aggregate. The reporting person previously elected to report the 27,000 shares of common stock held by WLLHS in the aggregate in connection with the general partner interest held by the reporting person's wife.

(continued from footnote 1) Pursuant to the Transfer, WLLHS transferred 9,000 shares of common stock, representing the pecuniary interest of the reporting person's wife in WLLHS due to her ownership of the WLLHS interests, to MBE. WLLHS transferred its remaining 18,000 shares of common stock to persons not subject to the reporting obligations of Section 16a of the Securities Exchange Act of 1934, as amended. Accordingly, the Transfer constitutes a mere change in form of indirect beneficial ownership and is an exempt transfer under Rule 16a-13; however, the reporting person has elected to voluntarily report the Transfer.