Filing Details

Accession Number:
0001209191-10-060333
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-14 17:32:39
Reporting Period:
2010-12-10
Filing Date:
2010-12-14
Filing Date Changed:
2010-12-14
Accepted Time:
2010-12-14 17:32:39
Original Submission Date:
Issuer
Cik Name Symbol Sector (SIC) IRS No
1389170 Targa Resources Corp. TRGP Natural Gas Transmission (4922) 000000000
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
929408 Co & Pincus Warburg 450 Lexington Avenue
New York NY 10017
No No Yes No
1157334 P L Viii Equity Private Pincus Warburg C/o Warburg, Pincus & Co.
450 Lexington Avenue
New York NY 10017
No No Yes No
1162870 Llc Pincus Warburg C/o Warburg, Pincus & Co.
450 Lexington Avenue
New York NY 10017
No No Yes No
1220638 Joseph Landy C/o Warburg, Pincus & Co.
450 Lexington Avenue
New York NY 10017
No No Yes No
1239318 R Charles Kaye C/o Warburg, Pincus & Co.
450 Lexington Avenue
New York NY 10017
No No Yes No
1322709 Llc Partners Pincus Warburg C/o Warburg, Pincus & Co.
450 Lexington Avenue
New York NY 10017
No No Yes No
1332737 Warburg Pincus Private Equity Ix, L.p. C/o Warburg, Pincus & Co.
450 Lexington Avenue
New York NY 10017
No No Yes No
1342445 Llc Ix Pincus Warburg C/o Warburg, Pincus & Co.
450 Lexington Avenue
New York NY 10017
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings
Common Stock Disposition 2010-12-10 17,167,918 $22.00 13,889,431
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Series B Preferred Stock Disposition 2010-12-10 5,630,283 $0.00 31,057,349 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
Footnotes
  1. Includes 31,057,349 shares of common stock as a result of the conversion of the Series B Stock discussed in footnote 5.
  2. Reflects a 1 for 2.03 reverse stock split.
  3. These shares are owned by Warburg Pincus Private Equity VIII, L.P., a Delaware limited partnership and two affiliated partnerships ("WP VIII"), and Warburg Pincus Private Equity IX, L.P., a Delaware limited partnership ("WP IX"). The general partner of WP VIII is Warburg Pincus Partners, LLC, a New York limited liability company ("WP Partners LLC"), and the general partner of WP IX is Warburg Pincus IX, LLC, a New York limited liability company, of which WP Partners LLC is the sole member. Warburg Pincus & Co., a New York general partnership ("WP"), is the managing member of WP Partners LLC. WP VIII and WP IX are managed by Warburg Pincus LLC, a New York limited liability company ("WP LLC").
  4. Messrs. Kaye and Landy are Managing General Partners of WP and Managing Members and Co-Presidents of WP LLC. Each of the Warburg Pincus entities and Messrs. Kaye and Landy may be deemed to beneficially own all of the reported securities. Each of the Warburg Pincus entities and Messrs. Kaye and Landy disclaim beneficial ownership of all shares held by the Warburg Pincus entities.
  5. Immediately prior to the consummation of the initial public offering of Targa Resources Corp. (the "IPO"), the Series B Preferred Stock converted into shares of common stock based on (a) the 10 to 1 conversion ratio applicable to the Series B Preferred Stock plus (b) the accreted value per share, which includes accrued and unpaid dividends of the Series B Preferred Stock divided by the IPO price for Targa's offering of common stock after deducting underwriting discounts and commissions and had no expiration date.
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