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.