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 |
|
|||||||||||||||
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). |
1. Name and Address of Reporting Person*
(Street)
|
2. Issuer Name and Ticker or Trading Symbol
Targa Resources Corp. [ TRGP ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
||||||||||||||||||||||||
3. Date of Earliest Transaction
(Month/Day/Year) 09/30/2022 | ||||||||||||||||||||||||||
4. If Amendment, Date of Original Filed
(Month/Day/Year) |
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ||||||||||
---|---|---|---|---|---|---|---|---|---|---|
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 | ||||||
Common Stock | 09/30/2022 | J | V | 18,000(1)(2) | D(1)(2) | $0.00(1)(2) | 9,000(1)(2) | I | By wife, through MBE Management, LLC(1)(2) | |
Common Stock | 49,987 | D | ||||||||
Common Stock | 20,000 | I | By IRA |
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
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. Reflects the transfer of shares (the "Transfer") between Willie Lump Lump and His Sisters, Ltd. ("WLLHS") to MBE Management, LLC ("MBE"), which is wholly-owned by the reporting person's wife. Prior to the Transfer, the reporting person's wife held a one-third general partner interest (the "general partner interest") and a one-third limited partner interest (the "limited partner interest" and, together with the general partner interest, the "WLLHS interests") in WLLHS, and WLLHS held 27,000 shares of common stock, par value $0.001 (the "common stock"), of Targa Resources Corp. (the "Company") in the aggregate. The reporting person previously elected to report the 27,000 shares of common stock held by WLLHS in the aggregate in connection with the general partner interest held by the reporting person's wife. |
2. (continued from footnote 1) Pursuant to the Transfer, WLLHS transferred 9,000 shares of common stock, representing the pecuniary interest of the reporting person's wife in WLLHS due to her ownership of the WLLHS interests, to MBE. WLLHS transferred its remaining 18,000 shares of common stock to persons not subject to the reporting obligations of Section 16a of the Securities Exchange Act of 1934, as amended. Accordingly, the Transfer constitutes a mere change in form of indirect beneficial ownership and is an exempt transfer under Rule 16a-13; however, the reporting person has elected to voluntarily report the Transfer. |
Remarks: |
/s/ Robert B. Evans | 10/04/2022 | |
** 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. |