Joseph Y. Bae - Oct 1, 2022 Form 4 Insider Report for KKR & Co. Inc. (KKR)

Role
Co-Chief Executive Officer, Director
Signature
/s/ Christopher Lee, Attorney-in-fact
Stock symbol
KKR
Transactions as of
Oct 1, 2022
Transactions value $
-$10,550,523
Form type
4
Date filed
10/4/2022, 09:31 PM
Previous filing
May 31, 2022
Next filing
Feb 13, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KKR Common Stock Options Exercise +450K +7.55% 6.41M Oct 1, 2022 Direct F1, F2
transaction KKR Common Stock Tax liability -$10.6M -245K -3.83% $43.00 6.17M Oct 1, 2022 Direct
holding KKR Common Stock 10M Oct 1, 2022 See Footnote F3
holding KKR Common Stock 350K Oct 1, 2022 See Footnote F4
holding KKR Common Stock 384K Oct 1, 2022 By Trust
holding KKR Common Stock 7.17K Oct 1, 2022 By Limited Liability Company
holding KKR Common Stock 1.75M Oct 1, 2022 By Trust F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction KKR Restricted Stock Units Options Exercise $0 -450K -100% $0.00* 0 Oct 1, 2022 Common Stock 450K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects 450,000 restricted stock units of KKR & Co. Inc. that vested, and the Reporting Person became entitled to shares of common stock of KKR & Co. Inc. on a one-for-one basis.
F2 Reflects a transfer by the Reporting Person of 1,754,385 shares into a trust for estate planning purposes.
F3 These securities are held by a limited partnership, whose general partner is a limited liability company over which the Reporting Person has investment discretion.
F4 These shares of common stock are being held by a limited partnership controlled by the Reporting Person solely for purposes of future charitable donations.

Remarks:

Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended, the Reporting Person states that this filing shall not be an admission that the Reporting Person is the beneficial owner of any of the securities reported herein as indirectly owned, and the Reporting Person disclaims beneficial ownership of such securities except to the extent of the Reporting Person's pecuniary interest therein.