Dax Sanders - Jul 31, 2023 Form 4 Insider Report for KINDER MORGAN, INC. (KMI)

Role
VP (Pres., Products Pipelines)
Signature
/s/ Dax Sanders
Stock symbol
KMI
Transactions as of
Jul 31, 2023
Transactions value $
-$670,607
Form type
4
Date filed
8/2/2023, 12:16 PM
Previous filing
Jul 20, 2023
Next filing
Dec 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KMI Class P Common Stock Options Exercise $0 +99.4K +33.41% $0.00 397K Jul 31, 2023 Direct F1
transaction KMI Class P Common Stock Tax liability -$671K -37.9K -9.54% $17.71 359K Jul 31, 2023 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 -99.4K -100% $0.00* 0 Jul 31, 2023 Class P Common Stock 99.4K Direct F1, 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 date of vesting.
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, 2023.