Dax Sanders - Jul 31, 2021 Form 4 Insider Report for KINDER MORGAN, INC. (KMI)

Signature
/s/ Dax Sanders
Stock symbol
KMI
Transactions as of
Jul 31, 2021
Transactions value $
-$556,090
Form type
4
Date filed
8/3/2021, 03:37 PM
Previous filing
Jul 22, 2021
Next filing
Feb 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMI Class P Common Stock Options Exercise $0 +84.8K +34.9% $0.00 328K Jul 31, 2021 Direct F1
transaction KMI Class P Common Stock Tax liability -$556K -32K -9.76% $17.38 296K Jul 31, 2021 Direct F2, F3
holding KMI Class P Common Stock 800 Jul 31, 2021 By Mother's IRA F4
holding KMI Class P Common Stock 2K Jul 31, 2021 By Spouse
holding KMI Class P Common Stock 800 Jul 31, 2021 Joint Tenant F5

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 -84.8K -100% $0.00* 0 Jul 31, 2021 Class P Common Stock 84.8K Direct F6, F7
* 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 Represents share held in IRA accounts of the reporting person's mother over which the reporting person has been granted a limited power of attorney on behalf of and for the benefit of his mother and with respect to which he is a contingent beneficiary. The reporting person disclaims beneficial ownership of these securities.
F5 Represents shares held in a brokerage account from which all dividends and other payments are made to the reporting person's mother and with respect to which the reporting person is a joint tenant with right of survivorship. The reporting person disclaims beneficial ownership of these securities.
F6 Each restricted stock unit represents the right to receive, at settlement, one share of Class P Common Stock.
F7 These restricted stock units vested on July 31, 2021.