KINDER MORGAN, INC. 4
4 · KINDER MORGAN, INC. · Filed Jul 21, 2016
Insider Transaction Report
Form 4
ANDERSON IAN D
VP (President, KM Canada)
Transactions
- Award
Phantom Restricted Stock Unit
2015-07-14+25,083→ 25,083 total→ Class P Common Stock (25,083 underlying) - Award
Phantom restricted Stock Unit
2016-07-19+9,116→ 9,116 total→ Class P Common Stock (9,116 underlying) - Disposition to Issuer
Phantom Restricted Stock Unit
2016-07-16$21.03/sh−21,842$459,337→ 0 total→ Class P Common Stock (21,842 underlying)
Footnotes (5)
- [F1]Each phantom restricted stock unit represents the right to receive, at settlement, cash in an amount equal to the closing price of one share of Class P Common Stock on the date of settlement, or the trading day next preceding the date of settlement, if such date is not on a trading day. The phantom restricted stock units may be settled only for cash and do not represent a right to receive, upon settlement or otherwise, any shares of Class P Common Stock.
- [F2]These phantom restricted stock units are scheduled to vest and settle on July 14, 2018, subject to satisfaction of certain vesting requirements.
- [F3]These phantom restricted stock units vested and settled for cash on July 16, 2016.
- [F4]Closing price of Class P Common Stock on the trading day next preceding the date of vesting and settlement of the phantom restricted stock units.
- [F5]These phantom restricted stock units are scheduled to vest and settle on July 19, 2019, subject to achievement of certain performance hurdles and satisfaction of other vesting requirements.