Dax Sanders - 31 Jul 2024 Form 4 Insider Report for KINDER MORGAN, INC. (KMI)

Role
VP (Pres., Products Pipelines)
Signature
/s/ Dax Sanders
Issuer symbol
KMI
Transactions as of
31 Jul 2024
Net transactions value
-$692,916
Form type
4
Filing time
02 Aug 2024, 17:22:20 UTC
Previous filing
23 Jul 2024
Next filing
14 Aug 2024
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 +85,862 +34% $0.000000 341,931 31 Jul 2024 Direct F1
transaction KMI Class P Common Stock Tax liability $692,916 -32,793 -9.6% $21.13 309,138 31 Jul 2024 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 -85,862 -100% $0.000000* 0 31 Jul 2024 Class P Common Stock 85,862 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, 2024.