Filing Details

Accession Number:
0001209191-10-060348
Form Type:
4
Zero Holdings:
No
Publication Time:
2010-12-14 18:02:28
Reporting Period:
2010-12-10
Filing Date:
2010-12-14
Accepted Time:
2010-12-14 18:02:28
SEC Url:
Form 4 Filing
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
1387731 E Roy Johnson 1000 Louisiana, Suite 4300
Houston TX 77002
Executive Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2010-12-10 164,110 $0.00 266,830 No 4 C Direct
Common Stock Disposition 2010-12-10 128,820 $22.00 138,010 No 4 S Direct
Common Stock Acquisiton 2010-12-10 92,204 $0.00 230,214 No 4 A Direct
Common Stock Acquisiton 2010-12-10 58,972 $0.00 58,972 No 4 C Indirect By IRA
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 C Direct
No 4 S Direct
No 4 A Direct
No 4 C Indirect By IRA
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 29,751 $0.00 164,110 $0.00
Common Stock Series B Preferred Stock Disposition 2010-12-10 10,691 $0.00 58,972 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 No 4 C Direct
0 No 4 C Indirect
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 134,162 Indirect See footnote
Common Stock 184,821 Indirect See footnote
Footnotes
  1. 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.
  2. Reflects a 1 for 2.03 reverse stock split.
  3. These shares are held by the Karen Johnson 2008 Family Trust, of which Mr. Johnson's spouse serves as trustee.
  4. These shares are held by the Roy Johnson 2010 Family Trust, of which Mr. Johnson serves as trustee.