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    Kinder Morgan, 9.75% Dep Shares Series A Mand Conv Preferred Stock 10/26/2018
    Ticker Symbol: KMI-A*     CUSIP: 49456B200     Exchange: NYSE
    Security Type:   Mandatory Convertible Security
    * NOTE: This security is no longer trading as of 10/26/2018

    QUANTUMONLINE.COM SECURITY DESCRIPTION:  Kinder Morgan, Inc., 9.75% Depositary Shares each representing a 1/20th interest in a share of Series A Mandatory Convertible Preferred Stock, liquidation preference $50 per depositary share. The preferred shares are mandatorily convertible on 10/26/2018 into a variable number of Kinder Morgan, Inc. (NYSE: KMI) common shares based on the then current price of the common shares for 20 consecutive trading days immediately prior to the conversion date. The conversion settlement rate will be 1.5440 depositary shares per unit if the then current market price is equal to or greater than $32.38 and 1.8142 depositary shares per unit if the market price is equal to or less than $27.56. For market prices between those values the settlement rate will be $50 divided by the market value. The last reported sale price of the common stock on 10/26/2015 was $27.56 per share. The preferred shares are convertible any time at the holder’s option into 1.5440 depositary shares of common stock. Distributions of 9.75% per annum ($4.875 per annum or $1.21875 per quarter) will be paid quarterly on 1/26, 4/26, 7/26 & 10/26 to holders of record on the record date that will be 1/11, 4/11, 7/11 & 10/11 respectively (NOTE: the ex-dividend date is one business day prior to the record date). If a Fundamental Change occurs on or before 10/26/2018, holders of the Preferred Stock will have the right to convert shares, in whole or in part, into common stock at the Fundamental Change Conversion Rate and will also receive a Fundamental Change Dividend Make-whole Amount (see prospectus for further information). Dividends paid by this preferred are eligible for a preferential income tax rate of 15% to a maximum of 20% depending on the holder's tax bracket (and under normal holding restrictions) and are also eligible for the dividends received deduction for corporate holders (see page S-55 of the prospectus for further information). This security was not rated by Moody’s or S&P at the time of its IPO. In regard to the payment of dividends and upon liquidation, the preferred shares rank junior to the company's senior debt, equally with other preferreds of the company, and senior to the common shares of the company. See the IPO prospectus for further information on the mandatory convertible preferred stock and their mandatory conversion provisions by clicking on the ‘Link to IPO Prospectus’ provided below.
    Stock
    Exchange
    Cpn Rate
    Ann Amt
    LiqPref
    CallPrice
    Call Date
    Matur Date
    Moodys/S&P
    Dated
    Conversion
    Shares@Price
    Distribution Dates 15%
    Tax Rate
    NYSE
    Chart
    9.75%
    $4.875
    $50.00
    N/A
    10/26/2018
    10/26/2018
    NR NR
    1/02/2018
    1.5440@$32.38+
    1.8142@$27.56-
    1/26, 4/26, 7/26 & 10/26
    Click for MW ExDiv Date
    Click for Yahoo ExDiv Date
    YES

    Go to Parent Company's Record (KMI)

    IPO - 10/26/2015 - 32.00 Million Shares @ $50.00/share.    Link to IPO Prospectus
    Previous Ticker Symbol: KMGNP    Changed: 11/04/2015
    Market Value $1.6 Billion

    Company's Online Information Links
    HOME PAGE:     http://www.kindermorgan.com/
    Company's Investor Relations Information Go to Investor Relations Information
    Company's Online News Releases Go to News Releases
    Online Company Profile Go to Online Profile

    Company's Online SEC EDGAR Filings
    Company's SEC EDGAR Filings Go to SEC Filings

    Company's Email Address Links
    Email Address km_ir@kindermorgan.com

    Address and Phone Numbers
    Address:   1001 Louisiana Street, Suite 1000, Houston, TX 77002
    Main Phone Number 713-369-9000
    Fax Number 713-495-2817
    Investor Relations   Miguel Garcia 713-369-9490
    Toll Free Phone Number 800-324-2900
    CEO - Steven J. Kean CFO - Kimberly A. Dang

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