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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Perkins Joe Bob 1000 LOUISIANA, SUITE 4300 HOUSTON, TX 77002 |
X | Chief Executive Officer |
/s/ Joe Bob Perkins | 04/01/2016 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | The performance element of performance unit awards, which also include time-based vesting, covering Targa Resources Partners LP ("TRP") common units was eliminated in connection with Targa Resources Corp.'s acquisition of TRP (the "Merger"), and the awards were converted into purely time-based awards covering common stock of Targa Resources Corp. The TRP performance unit awards were not required to be reported on a Form 4 prior to vesting and the converted awards were inadvertently omitted from the Form 4 filed in connection with the Merger. The Form 4 filed in connection with the Merger included the shares of common stock of Targa Resources Corp. that the reporting person received in exchange for the TRP common units the reporting person owned prior to the Merger. |
(2) | These shares reflect a downward rounding adjustment of one share to the number of shares of Targa Resources Corp. common stock that Mr. Perkins received upon conversion of TRP common units in connection with the closing of the Merger. |