David P. Michels - 31 Jul 2021 Form 4 Insider Report for KINDER MORGAN, INC. (KMI)

Role: VP and Chief Financial Officer
Signature: /s/ David P. Michels
Issuer symbol: KMI
Transactions as of: 31 Jul 2021
Net transactions value: -$187,339
Form type: 4
Filing time: 03 Aug 2021, 15:37:07 UTC
Previous filing: 22 Jul 2021
Next filing: 20 Jul 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KMI	Class P Common Stock	Options Exercise	$0	+33,918	+80%	$0.000000	76,149	31 Jul 2021	Direct	F1
transaction	KMI	Class P Common Stock	Tax liability	$187,339	-10,779	-14%	$17.38	65,370	31 Jul 2021	Direct	F2, F3

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	-33,918	-100%	$0.000000^*	0	31 Jul 2021	Class P Common Stock	33,918		Direct	F4, F5

* 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	Each restricted stock unit represents the right to receive, at settlement, one share of Class P Common Stock.
F5	These restricted stock units vested on July 31, 2021.