Thomas A. Martin - Jan 31, 2023 Form 4 Insider Report for KINDER MORGAN, INC. (KMI)

Signature
/s/ Thomas A. Martin
Stock symbol
KMI
Transactions as of
Jan 31, 2023
Transactions value $
-$2,910,377
Form type
4
Date filed
2/1/2023, 04:21 PM
Previous filing
Jan 19, 2023
Next filing
Aug 2, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMI Class P Common Stock Options Exercise $0 +404K +52.38% $0.00 1.18M Jan 31, 2023 Direct F1
transaction KMI Class P Common Stock Tax liability -$2.91M -159K -13.53% $18.30 1.02M Jan 31, 2023 Direct F2, F3
holding KMI Class P Common Stock 278K Jan 31, 2023 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 -404K -100% $0.00* 0 Jan 31, 2023 Class P Common Stock 404K Direct F1, 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 date of vesting.
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 January 31, 2023.