Director Shaper C Park sold $22,263,481 worth of Class P Common Stock (900,000 units at $24.74), disposed of 100,000 units of Class P Common Stock, acquired 100,000 units of Class P Common Stock and gifted 100,000 units of Class P Common Stock, decreasing direct ownership by 2% to 1,576,233 units (SEC Form 4)
$KMI
Natural Gas Distribution
Utilities
| FORM 4 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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| Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). | |||||||||||||||||
| Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10. | |||||||||||||||||
1. Name and Address of Reporting Person*
(Street)
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2. Issuer Name and Ticker or Trading Symbol
KINDER MORGAN, INC. [ KMI ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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3. Date of Earliest Transaction
(Month/Day/Year) 10/21/2024 | ||||||||||||||||||||||||||
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4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
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| Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
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| 1. Title of Security (Instr. 3) | 2. Transaction Date (Month/Day/Year) | 2A. Deemed Execution Date, if any (Month/Day/Year) | 3. Transaction Code (Instr. 8) | 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) | 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) | 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
| Code | V | Amount | (A) or (D) | Price | ||||||
| Class P Common Stock | 10/21/2024 | S | 690,142 | D | $24.749(1) | 6,809,858 | I | By Limited Liability Company | ||
| Class P Common Stock | 10/21/2024 | J(2) | 72,860 | D | $0 | 6,736,998 | I | By Limited Liability Company | ||
| Class P Common Stock | 10/21/2024 | J(2) | 72,860 | A | $0 | 1,676,233 | D | |||
| Class P Common Stock | 10/21/2024 | J(3) | 27,140 | D | $0 | 6,709,858 | I | By Limited Liability Company | ||
| Class P Common Stock | 10/21/2024 | J(3) | 27,140 | A | $0 | 484,924 | I | By Family Limited Partnership(4) | ||
| Class P Common Stock | 10/21/2024 | G(5) | 100,000 | D | $0 | 1,576,233 | D | |||
| Class P Common Stock | 10/22/2024 | S | 209,858 | D | $24.6984(6) | 6,500,000 | I | By Limited Liability Company | ||
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
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| 1. Title of Derivative Security (Instr. 3) | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Explanation of Responses: |
| 1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.655 to $24.815 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| 2. The transaction is a distribution from a limited liability company with respect to which the reporting person controls the voting and disposition power. |
| 3. This transaction is a disposition from a limited liability company with respect to which the reporting person controls the voting and disposition power to family limited partnerships with respect to which the reporting person controls the voting and disposition power. |
| 4. The reporting person disclaims 98% of any beneficial ownership interest in the shares beneficially owned by the family limited partnerships. |
| 5. This transaction is a gift of shares by the reporting person to a charitable foundation with respect to which the reporting person shares voting and disposition power. The reporting person has no pecuniary interest in the shares held by the charitable foundation. |
| 6. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.575 to $24.825 per share. The reporting person undertakes to provide, upon request by the SEC staff, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. |
| Remarks: |
| /s/ C. Park Shaper | 10/23/2024 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||