Thomas A. Martin - Jul 31, 2021 Form 4 Insider Report for KINDER MORGAN, INC. (KMI)

Role: V.P. (Pres.,Nat.Gas Pipelines)
Signature: /s/ Thomas A. Martin
Stock symbol: KMI
Transactions as of: Jul 31, 2021
Transactions value $: -$657,242
Form type: 4
Date filed: 8/3/2021, 03:35 PM
Next filing: Aug 6, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KMI	Class P Common Stock	Options Exercise	$0	+96.1K	+12.32%	$0.00	876K	Jul 31, 2021	Direct	F1
transaction	KMI	Class P Common Stock	Tax liability	-$657K	-37.8K	-4.32%	$17.38	838K	Jul 31, 2021	Direct	F2, F3
holding	KMI	Class P Common Stock						278K	Jul 31, 2021	By Trust	F4

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	KMI	Restricted Stock Unit	Options Exercise	$0	-96.1K	-100%	$0.00^*	0	Jul 31, 2021	Class P Common Stock	96.1K		Direct	F5, F6

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

Explanation of Responses:

Id	Content
F1	This transaction represents the settlement of restricted stock units in shares of Class P Common Stock on their scheduled vesting date.
F2	Represents shares withheld by the issuer to satisfy tax withholding obligations upon the reported vesting of restricted stock units.
F3	Closing price of Class P Common Stock on the last trading day before the vesting date.
F4	Shares are held by a trust for the benefit of family members of Mr. Martin with respect to which Mr. Martin shares voting and disposition power. Mr. Martin disclaims any beneficial ownership of these shares.
F5	Each restricted stock unit represents the right to receive, at settlement, one share of Class P Common Stock.
F6	These restricted stock units vested on July 31, 2021.