-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Hf9NR6cL9p5qDRXkeSX/Hi8UNo6UbGvw62cSPr8vjyzJhmm9Z06YT46K3h90kC0F 5Rndr029zSLLhm49D9D7aA== 0000909518-06-000554.txt : 20060530 0000909518-06-000554.hdr.sgml : 20060529 20060530164359 ACCESSION NUMBER: 0000909518-06-000554 CONFORMED SUBMISSION TYPE: SC 13D PUBLIC DOCUMENT COUNT: 5 FILED AS OF DATE: 20060530 DATE AS OF CHANGE: 20060530 GROUP MEMBERS: C. PARK SHAPER GROUP MEMBERS: DAVID D. KINDER GROUP MEMBERS: JAMES E. STREET GROUP MEMBERS: JOSEPH LISTENGART GROUP MEMBERS: KIMBERLY A. DANG GROUP MEMBERS: MICHAEL C. MORGAN GROUP MEMBERS: PORTCULLIS G.P., LLC GROUP MEMBERS: PORTCULLIS PARTNERS, LP GROUP MEMBERS: STEVEN J. KEAN GROUP MEMBERS: WILLIAM V. MORGAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: KINDER MORGAN INC CENTRAL INDEX KEY: 0000054502 STANDARD INDUSTRIAL CLASSIFICATION: NATURAL GAS TRANSMISSION & DISTRIBUTION [4923] IRS NUMBER: 480290000 STATE OF INCORPORATION: KS FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13D SEC ACT: 1934 Act SEC FILE NUMBER: 005-11513 FILM NUMBER: 06874460 BUSINESS ADDRESS: STREET 1: 500 DALLAS STREET 2: SUITE 1000 CITY: HOUSTON STATE: TX ZIP: 77002 BUSINESS PHONE: 713-369-9000 MAIL ADDRESS: STREET 1: 500 DALLAS STREET 2: SUITE 1000 CITY: HOUSTON STATE: TX ZIP: 77002 FORMER COMPANY: FORMER CONFORMED NAME: K N ENERGY INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: KN ENERGY INC DATE OF NAME CHANGE: 19920430 FORMER COMPANY: FORMER CONFORMED NAME: KANSAS NEBRASKA NATURAL GAS CO INC DATE OF NAME CHANGE: 19830403 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: KINDER RICHARD D CENTRAL INDEX KEY: 0001031190 STATE OF INCORPORATION: DE FILING VALUES: FORM TYPE: SC 13D BUSINESS ADDRESS: BUSINESS PHONE: 713-369-9000 MAIL ADDRESS: STREET 1: 500 DALLAS STREET 2: SUITE 1000 CITY: HOUSTON STATE: TX ZIP: 77002 SC 13D 1 bc5-30_13d.txt UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13D Under the Securities Exchange Act of 1934 Kinder Morgan, Inc. - -------------------------------------------------------------------------------- (Name of Issuer) Common Stock, par value $5 per share - -------------------------------------------------------------------------------- (Title of Class of Securities) 49455P - -------------------------------------------------------------------------------- (CUSIP Number) James Westra, Esq. Weil, Gotshal & Manges LLP 100 Federal Street 34th Floor Boston, MA 02110 (617) 772-8300 R. Jay Tabor, Esq. Weil, Gotshal & Manges LLP 200 Crescent Court Suite 300 Dallas, Texas 75201 (214) 746-7700 - -------------------------------------------------------------------------------- (Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications) May 28, 2006 - -------------------------------------------------------------------------------- (Date of Event which Requires Filing of this Statement) If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. [ ] Note: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See ss.240.13d-7 for other parties to whom copies are to be sent. *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).
- ------------------------------ --------------------------------------- ------------ ------------------------------------------------ CUSIP No. 49455P 13D Page 2 of 21 - ------------------------------ --------------------------------------- ------------ ------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON: Richard D. Kinder I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): - ------------------- --------------------------------------------------------------------------------------------- ------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [x] - ------------------- ---------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------- ------------------------------- -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: PF - ------------------- --------------------------------------------------------------------------------------------- ------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ------------------- -------------------------------------------------- ------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States - ------------------------------ ------- -------------------------------------------- ------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER: 23,994,827 SHARES ------- -------------------------------------------- ------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: -0- OWNED BY ------- -------------------------------------------- ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER: 23,994,827 REPORTING ------- -------------------------------------------- ------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER: -0- - ------------------- --------------------------------------------------------------- ------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 23,994,827(1) - ------------------- --------------------------------------------------------------------------------------------- ------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [X] (2) - ------------------- --------------------------------------------------------------------------------------------- ------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 17.96% - ------------------- -------------------------------------------------- ------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ------------------- -------------------------------------------------- -------------------------------------------------------------
(1) Amount in row 11 includes 250 shares held by Mr. Kinder for the account of his nephew. (2) Amount in row 11 does not include 5,173 shares owned by Mr. Kinder's wife.
- ------------------------------ --------------------------------------- ------------ ------------------------------------------------ CUSIP No. 49455P 13D Page 3 of 21 - ------------------------------ --------------------------------------- ------------ ------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON: Portcullis Partners, LP I.R.S. IDENTIFICATION NO. 52-2339076 OF ABOVE PERSON (ENTITIES ONLY): - ------------------- --------------------------------------------------------------------------------------------- ------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [x] - ------------------- ---------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------- ------------------------------- -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - ------------------- --------------------------------------------------------------------------------------------- ------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ------------------- -------------------------------------------------- ------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Texas - ------------------------------ ------- -------------------------------------------- ------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER: -0- SHARES ------- -------------------------------------------- ------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: 916,000 OWNED BY ------- -------------------------------------------- ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER: -0- REPORTING ------- -------------------------------------------- ------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER: 916,000 - ------------------- --------------------------------------------------------------- ------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 916,000 - ------------------- --------------------------------------------------------------------------------------------- ------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ------------------- --------------------------------------------------------------------------------------------- ------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.69% - ------------------- -------------------------------------------------- ------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: PN - ------------------- -------------------------------------------------- -------------------------------------------------------------
- ------------------------------ --------------------------------------- ------------ ------------------------------------------------ CUSIP No. 49455P 13D Page 4 of 21 - ------------------------------ --------------------------------------- ------------ ------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON: Portcullis G.P., LLC I.R.S. IDENTIFICATION NO. 76-0690186 OF ABOVE PERSON (ENTITIES ONLY): - ------------------- --------------------------------------------------------------------------------------------- ------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [x] - ------------------- ---------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------- ------------------------------- -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: WC - ------------------- --------------------------------------------------------------------------------------------- ------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ------------------- -------------------------------------------------- ------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: Texas - ------------------------------ ------- -------------------------------------------- ------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER: -0- SHARES ------- -------------------------------------------- ------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: 916,000 OWNED BY ------- -------------------------------------------- ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER: -0- REPORTING ------- -------------------------------------------- ------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER: 916,000 - ------------------- --------------------------------------------------------------- ------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 916,000 - ------------------- --------------------------------------------------------------------------------------------- ------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ------------------- --------------------------------------------------------------------------------------------- ------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.69% - ------------------- -------------------------------------------------- ------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: OO - ------------------- -------------------------------------------------- -------------------------------------------------------------
- ------------------------------ --------------------------------------- ------------ ------------------------------------------------ CUSIP No. 49455P 13D Page 5 of 21 - ------------------------------ --------------------------------------- ------------ ------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON: William V. Morgan I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): - ------------------- --------------------------------------------------------------------------------------------- ------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [x] - ------------------- ---------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------- ------------------------------- -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: AF - ------------------- --------------------------------------------------------------------------------------------- ------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ------------------- -------------------------------------------------- ------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States - ------------------------------ ------- -------------------------------------------- ------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER: -0- SHARES ------- -------------------------------------------- ------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: 916,000 OWNED BY ------- -------------------------------------------- ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER: -0- REPORTING ------- -------------------------------------------- ------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER: 916,000 - ------------------- --------------------------------------------------------------- ------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 916,000 - ------------------- --------------------------------------------------------------------------------------------- ------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ------------------- --------------------------------------------------------------------------------------------- ------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.69% - ------------------- -------------------------------------------------- ------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ------------------- -------------------------------------------------- -------------------------------------------------------------
- ------------------------------ --------------------------------------- ------------ ------------------------------------------------ CUSIP No. 49455P 13D Page 6 of 21 - ------------------------------ --------------------------------------- ------------ ------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON: Michael C. Morgan I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): - ------------------- --------------------------------------------------------------------------------------------- ------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [x] - ------------------- ---------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------- ------------------------------- -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: OO - ------------------- --------------------------------------------------------------------------------------------- ------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ------------------- -------------------------------------------------- ------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States - ------------------------------ ------- -------------------------------------------- ------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER: 242,454 SHARES ------- -------------------------------------------- ------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: -0- OWNED BY ------- -------------------------------------------- ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER: 242,454 REPORTING ------- -------------------------------------------- ------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER: -0- - ------------------- --------------------------------------------------------------- ------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 242,454(1) - ------------------- --------------------------------------------------------------------------------------------- ------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ------------------- --------------------------------------------------------------------------------------------- ------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.18% - ------------------- -------------------------------------------------- ------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ------------------- -------------------------------------------------- -------------------------------------------------------------
(1) Amount in row 11 includes 89,250 shares held in the Michael C. Morgan and Christine R. Morgan 2001 Investment Trust, a trust in which Mr. Morgan is both a beneficiary and a trustee.
- ------------------------------ --------------------------------------- ------------ ------------------------------------------------ CUSIP No. 49455P 13D Page 7 of 21 - ------------------------------ --------------------------------------- ------------ ------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON: C. Park Shaper I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): - ------------------- --------------------------------------------------------------------------------------------- ------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [x] - ------------------- ---------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------- ------------------------------- -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: OO - ------------------- --------------------------------------------------------------------------------------------- ------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ------------------- -------------------------------------------------- ------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States - ------------------------------ ------- -------------------------------------------- ------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER: 351,949 SHARES ------- -------------------------------------------- ------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: -0- OWNED BY ------- -------------------------------------------- ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER: 351,949 REPORTING ------- -------------------------------------------- ------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER: -0- - ------------------- --------------------------------------------------------------- ------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 351,949 - ------------------- --------------------------------------------------------------------------------------------- ------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ------------------- --------------------------------------------------------------------------------------------- ------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.26% - ------------------- -------------------------------------------------- ------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ------------------- -------------------------------------------------- -------------------------------------------------------------
- ------------------------------ --------------------------------------- ------------ ------------------------------------------------ CUSIP No. 49455P 13D Page 8 of 21 - ------------------------------ --------------------------------------- ------------ ------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON: Steven J. Kean I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): - ------------------- --------------------------------------------------------------------------------------------- ------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [x] - ------------------- ---------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------- ------------------------------- -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: OO - ------------------- --------------------------------------------------------------------------------------------- ------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ------------------- -------------------------------------------------- ------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States - ------------------------------ ------- -------------------------------------------- ------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER: 136,142 SHARES ------- -------------------------------------------- ------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: -0- OWNED BY ------- -------------------------------------------- ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER: 136,142 REPORTING ------- -------------------------------------------- ------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER: -0- - ------------------- --------------------------------------------------------------- ------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 136,142 - ------------------- --------------------------------------------------------------------------------------------- ------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ------------------- --------------------------------------------------------------------------------------------- ------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.10% - ------------------- -------------------------------------------------- ------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ------------------- -------------------------------------------------- -------------------------------------------------------------
- ------------------------------ --------------------------------------- ------------ ------------------------------------------------ CUSIP No. 49455P 13D Page 9 of 21 - ------------------------------ --------------------------------------- ------------ ------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON: David D. Kinder I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): - ------------------- --------------------------------------------------------------------------------------------- ------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [x] - ------------------- ---------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------- ------------------------------- -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: OO - ------------------- --------------------------------------------------------------------------------------------- ------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ------------------- -------------------------------------------------- ------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States - ------------------------------ ------- -------------------------------------------- ------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER: 42,195 SHARES ------- -------------------------------------------- ------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: -0- OWNED BY ------- -------------------------------------------- ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER: 42,195 REPORTING ------- -------------------------------------------- ------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER: -0- - ------------------- --------------------------------------------------------------- ------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 42,195 - ------------------- --------------------------------------------------------------------------------------------- ------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [X](1) - ------------------- --------------------------------------------------------------------------------------------- ------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.03% - ------------------- -------------------------------------------------- ------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ------------------- -------------------------------------------------- -------------------------------------------------------------
(1) Amount in row 11 does not include 250 shares owned by Mr. Kinder's son.
- ------------------------------ --------------------------------------- ------------ ------------------------------------------------ CUSIP No. 49455P 13D Page 10 of 21 - ------------------------------ --------------------------------------- ------------ ------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON: Joseph Listengart I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): - ------------------- --------------------------------------------------------------------------------------------- ------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [x] - ------------------- ---------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------- ------------------------------- -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: OO - ------------------- --------------------------------------------------------------------------------------------- ------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ------------------- -------------------------------------------------- ------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States - ------------------------------ ------- -------------------------------------------- ------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER: 140,247 SHARES ------- -------------------------------------------- ------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: -0- OWNED BY ------- -------------------------------------------- ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER: 140,247 REPORTING ------- -------------------------------------------- ------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER: -0- - ------------------- --------------------------------------------------------------- ------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 140,247 - ------------------- --------------------------------------------------------------------------------------------- ------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ------------------- --------------------------------------------------------------------------------------------- ------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.10% - ------------------- -------------------------------------------------- ------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ------------------- -------------------------------------------------- -------------------------------------------------------------
- ------------------------------ --------------------------------------- ------------ ------------------------------------------------ CUSIP No. 49455P 13D Page 11 of 21 - ------------------------------ --------------------------------------- ------------ ------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON: Kimberly A. Dang I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): - ------------------- --------------------------------------------------------------------------------------------- ------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [x] - ------------------- ---------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------- ------------------------------- -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: OO - ------------------- --------------------------------------------------------------------------------------------- ------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ------------------- -------------------------------------------------- ------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States - ------------------------------ ------- -------------------------------------------- ------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER: 33,834 SHARES ------- -------------------------------------------- ------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: -0- OWNED BY ------- -------------------------------------------- ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER: 33,834 REPORTING ------- -------------------------------------------- ------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER: -0- - ------------------- --------------------------------------------------------------- ------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 33,834 - ------------------- --------------------------------------------------------------------------------------------- ------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ------------------- --------------------------------------------------------------------------------------------- ------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.03% - ------------------- -------------------------------------------------- ------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ------------------- -------------------------------------------------- -------------------------------------------------------------
- ------------------------------ --------------------------------------- ------------ ------------------------------------------------ CUSIP No. 49455P 13D Page 12 of 21 - ------------------------------ --------------------------------------- ------------ ------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ - ------------------------------------------------------------------------------------------------------------------------------------ 1 NAME OF REPORTING PERSON: James E. Street I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY): - ------------------- --------------------------------------------------------------------------------------------- ------------------ 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP: (a) [_] (b) [x] - ------------------- ---------------------------------------------------------------------------------------------------------------- 3 SEC USE ONLY - ------------------- ------------------------------- -------------------------------------------------------------------------------- 4 SOURCE OF FUNDS: OO - ------------------- --------------------------------------------------------------------------------------------- ------------------ 5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e): [_] - ------------------- -------------------------------------------------- ------------------------------------------------------------- 6 CITIZENSHIP OR PLACE OF ORGANIZATION: United States - ------------------------------ ------- -------------------------------------------- ------------------------------------------------ NUMBER OF 7 SOLE VOTING POWER: 93,303 SHARES ------- -------------------------------------------- ------------------------------------------------ BENEFICIALLY 8 SHARED VOTING POWER: -0- OWNED BY ------- -------------------------------------------- ------------------------------------------------ EACH 9 SOLE DISPOSITIVE POWER: 93,303 REPORTING ------- -------------------------------------------- ------------------------------------------------ PERSON WITH 10 SHARED DISPOSITIVE POWER: -0- - ------------------- --------------------------------------------------------------- ------------------------------------------------ 11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY REPORTING PERSON: 93,303 - ------------------- --------------------------------------------------------------------------------------------- ------------------ 12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES: [ ] - ------------------- --------------------------------------------------------------------------------------------- ------------------ 13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11): 0.07% - ------------------- -------------------------------------------------- ------------------------------------------------------------- 14 TYPE OF REPORTING PERSON: IN - ------------------- -------------------------------------------------- -------------------------------------------------------------
SCHEDULE 13D ------------ EXPLANATORY NOTES: This statement on Schedule 13D (this "Schedule 13D"), among other things, amends and supplements (1) the Schedule 13D originally filed by Richard D. Kinder on October 8, 1999 (re-filed on November 16, 1999) (the "Kinder Schedule 13D"), and (2) the Schedule 13D originally filed by Morgan Associates, Inc. (n/k/a Portcullis Holdings, Inc.) and William V. Morgan on October 8, 1999 (re-filed on November 16, 1999), as amended by Amendment No. 1 thereto on November 8, 1999 (re-filed on November 16, 1999) (the "Morgan Schedule 13D"). Except as provided herein, this Schedule 13D does not modify any of the information previously reported on either such Schedule 13D or any amendment thereto. As described in the Proposal Letter discussed in Item 4 below, the Reporting Persons, along with GS Capital Partners V Fund, L.P. ("Goldman"), AIG Global Asset Management Holdings Corp. ("AIG"), Carlyle Partners IV, L.P. ("Carlyle"), Carlyle/Riverstone Energy Partners III, L.P. ("Carlyle/Riverstone" and, together with Goldman, AIG and Carlyle, their respective affiliates, or investment funds managed by Goldman, AIG, Carlyle and Carlyle/Riverstone, or their respective affiliates, the "Sponsors"), and Fayez Sarofim ("Mr. Sarofim") are participants in the Proposal (as defined in Item 4). As a result of the matters described in Item 4 below, the Reporting Persons may be deemed to constitute a "group" within the meaning of Section 13(d)(3) of the Exchange Act of 1934 with the Sponsors and Mr. Sarofim. As a result, the Reporting Persons may be deemed to beneficially own any shares of common stock, par value $5.00 per share, of Kinder Morgan, Inc. ("KMI Common Stock") that may be beneficially owned by such persons. This Schedule 13D will be amended, or one or more additional statements on Schedule 13D will be filed, as necessary and appropriate to reflect shares of KMI Common Stock, if any, owned by the Sponsors and Mr. Sarofim. The Reporting Persons hereby disclaim beneficial ownership of any KMI Common Shares that may be beneficially owned by the Sponsors and Mr. Sarofim. ITEM 1. SECURITY AND ISSUER The class of equity to which this Schedule 13D relates is KMI Common Stock. Kinder Morgan, Inc. (formerly known as K N Energy, Inc.) (the "Issuer") is a Kansas corporation with its principal executive offices located at 500 Dallas Street, Suite 1000, Houston, Texas 77002. ITEM 2. IDENTITY AND BACKGROUND. (a) and (b) This Schedule 13D is being filed jointly on behalf of the following persons (collectively, the "Reporting Persons"): (1) Richard D. Kinder ("Mr. Richard Kinder"), (2) Portcullis Partners, LP, a Texas limited partnership ("Portcullis Partners"), (3) Portcullis G.P., LLC, a Texas limited liability company ("Portcullis GP"), (4) William V. Morgan ("Mr. William Morgan"), (5) Michael C. Morgan ("Mr. Michael Morgan"), (6) C. Park Shaper ("Mr. Shaper"), (7) Steven J. Kean ("Mr. Kean"), (8) David D. Kinder ("Mr. David Kinder"), (9) Joseph Listengart ("Mr. Listengart"), (10) Kimberly A. Dang ("Ms. Dang") and Page 13 of 21 (11) James E. Street ("Mr. Street"). A Joint Filing Agreement among the Reporting Persons is attached hereto as Exhibit 7.01. The business address of each of Mr. Richard Kinder, Mr. Shaper, Mr. Kean, Mr. David Kinder, Mr. Listengart, Ms. Dang and Mr. Street is 500 Dallas Street, Suite 1000, Houston, Texas 77002. The address of the principal business offices of Portcullis Partners and Portcullis GP and the business address of Mr. William Morgan is 5 Post Oak Park, 4400 Post Oak Parkway, Suite 1450, Houston, Texas 77027. Portcullis GP is the general partner of Portcullis Partners. Mr. William Morgan is the sole manager of Portcullis GP. The business address of Mr. Michael Morgan is 5 Post Oak Park, 4400 Post Oak Parkway, Suite 1450, Houston, Texas 77027. (c) The present principal occupation of Mr. Richard Kinder is Chairman of the Board and Chief Executive Officer of the Issuer and certain of its affiliates. The present principal occupation of Mr. William Morgan is Chairman of Portcullis Partners. The present principal occupation of Mr. Michael Morgan is President and Chief Executive Officer of Portcullis Partners. The present principal occupation of Mr. Shaper is President of the Issuer and certain of its affiliates. The present principal occupation of Mr. Kean is Executive Vice President and Chief Operating Officer of the Issuer and certain of its affiliates. The present principal occupation of Mr. David Kinder is Vice President of Corporate Development and Treasurer of the Issuer and certain of its affiliates. The present principal occupation of Mr. Listengart is Vice President, General Counsel and Secretary of the Issuer and certain of its affiliates. The present principal occupation of Ms. Dang is Chief Financial Officer and Vice President, Investor Relations of the Issuer and certain of its affiliates. The present principal occupation of Mr. Street is Vice President, Human Resources of the Issuer and certain of its affiliates. Portcullis Partners and Portcullis GP are principally engaged in the business of investment management for its own account. (d) and (e) During the last five years, none of the Reporting Persons has been (i) convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) or (ii) a party to a civil proceeding of a judicial or administrative body of competent jurisdiction and as a result of such proceeding was or is subject to a judgment, decree or final order enjoining future violations of, or prohibiting or mandating activities subject to, federal or state securities laws or finding any violation with respect to such laws. (f) Mr. Richard Kinder, Mr. William Morgan, Mr. Michael Morgan, Mr. Shaper, Mr. Kean, Mr. David Kinder, Mr. Listengart, Ms. Dang and Mr. Street are all United States citizens. This Item 2 shall be deemed to amend and restate Item 2 of each of the Kinder Schedule 13D and the Morgan Schedule 13D in its entirety. Page 14 of 21 ITEM 3. SOURCE AND AMOUNT OF FUNDS OR OTHER CONSIDERATION. The shares of KMI Common Stock that each of Mr. Michael Morgan, Mr. Shaper, Mr. Kean, Mr. David Kinder, Mr. Listengart, Ms. Dang and Mr. Street beneficially own were acquired through open market purchases using personal or other funds, through each of such person's service as an officer or director of the Issuer or through purchases in private transactions. Portcullis Partners and Portcullis GP beneficially own their shares of KMI Common Stock as successors to Morgan Associates, Inc., which acquired its shares as set forth in the Morgan Schedule 13D.\ With respect to the proposed transaction described in Item 4 of this Schedule 13D (which Item 4 is incorporated herein by reference), the Reporting Persons estimate that the amount of funds necessary to consummate the transaction would consist of the following: (i) approximately $2.8 billion in equity (based on the proposed Offer Price (as defined in Item 4)) being rolled-over in the acquisition by the Reporting Persons and certain other specified persons; (ii) approximately $4.5 billion of new equity financing that would be provided by the Sponsors; and (iii) approximately $14.5 billion of debt that would either remain outstanding or be incurred in connection with the transaction as further described in Item 4 and the Proposal Letter and the Debt Financing Letter (each as defined in Item 4). The information set forth in response to this Item 3 is qualified in its entirety by reference to the Proposal Letter and the Debt Financing Letter, which are incorporated herein by reference. The information set forth in this Item 3 shall be deemed to supplement Item 3 of each of the Kinder Schedule 13D and the Morgan Schedule 13D. ITEM 4. PURPOSE OF TRANSACTION. As set forth in a letter dated May 28, 2006 (the "Proposal Letter"), Mr. Richard Kinder and the Sponsors have submitted to the Issuer's Board of Directors (the "Board of Directors") a proposal to acquire all of the outstanding KMI Common Stock (the "Proposal"), except for certain shares of KMI Common Stock held by the Reporting Persons and certain other specified persons expected to be rolled-over in the acquisition. Each of the Reporting Persons intend to participate in the Proposal. A copy of the Proposal Letter is being filed herewith as Exhibit 7.02. The Proposal contemplates that the transaction would be effected through a merger of a new acquisition corporation to be formed by the Reporting Persons and the Sponsors ("Acquisition Corp.") with and into the Issuer. Mr. Richard Kinder intends to roll-over all of his KMI Common Stock in the acquisition. The other Reporting Persons (except for Portcullis Partners and Mr. Michael Morgan) intend to roll-over all or a substantial portion of their KMI Common Stock in the acquisition. Portcullis Partners and Mr. Michael Morgan intend to collectively roll-over 600,000 shares of KMI Common Stock. The KMI Common Stock of the Reporting Persons and certain other specified persons that would be rolled-over in the acquisition would be contributed to a parent entity of Acquisition Corp. immediately prior to the merger in exchange for equity interests in such parent entity. All of the other KMI Common Stock (including the shares of KMI Common Stock held by the Reporting Persons and not contributed to the parent entity of Acquisition Corp. as described above) would be converted into the right to receive a cash payment equal to $100 per share (the "Offer Price"). If such merger is consummated, the KMI Common Stock will no longer be traded on the New York Stock Exchange and the registration of the KMI Common Stock under Section 12 of the Securities Exchange Act of 1934, as amended, will be terminated. The Board of Directors has formed a special committee of independent directors (the "Special Committee") to consider the terms of the Proposal and to recommend to the Board of Directors whether to approve the Proposal. Page 15 of 21 Stock will no longer be traded on the New York Stock Exchange and the registration of the KMI Common Stock under Section 12 of the Securities Exchange Act of 1934, as amended, will be terminated. The Board of Directors has formed a special committee of independent directors (the "Special Committee") to consider the terms of the Proposal and to recommend to the Board of Directors whether to approve the Proposal. On May 29, 2006, a press release related to the Proposal was issued by Mr. Richard Kinder and the Sponsors. A copy of the press release is being filed herewith as Exhibit 7.03. To finance the Proposal, Mr. Richard Kinder and the Sponsors have received a letter from Goldman Sachs Credit Partners L.P., stating that Goldman Sachs Credit Partners L.P. is "highly confident" that it can obtain the required debt financing (the "Debt Financing Letter"). A copy of the Debt Financing Letter was furnished to the Board of Directors in connection with the Proposal and is being filed herewith as Exhibit 7.04. In addition, approximately $4.5 billion of equity financing would be provided by the Sponsors. The Reporting Persons expect that executed debt and equity commitment letters will be delivered from their financing sources prior to the execution of definitive agreements related to the proposed merger. Except as otherwise provided herein, with respect to the Proposal or any matters related thereto, the Reporting Persons' intent is to be purchasers of shares of KMI Common Stock of the Issuer not already owned by them and not sellers of shares of KMI Common Stock owned by them. The foregoing is a summary of the Proposal and should not be construed as an offer to purchase shares of KMI Common Stock. A proxy statement will be distributed to stockholders of the Issuer if and when definitive documentation is entered into by the Issuer and all other appropriate parties. Stockholders should read the Issuer's proxy statement and other relevant documents regarding the Proposal filed with the SEC when they become available because they will contain important information relevant to the decision to approve the proposed merger. Stockholders will be able to receive these documents (when they become available), as well as other documents filed by the Reporting Persons or their respective affiliates with respect to the Proposal and the proposed merger, free of charge at the SEC's web site, www.sec.gov. Other than as set forth herein or in the Proposal Letter and the Debt Financing Letter, the Reporting Persons have no plans or proposals that relate to or would result in any of the events set forth in Items 4(a) through (j) of Schedule 13D. However, if the Proposal is not consummated for any reason, the Reporting Persons intend to review continuously the Issuer's business affairs, capital needs and general industry and economic conditions, and, based on such review, the Reporting Persons may, from time to time, determine to increase their respective ownership of KMI Common Stock, approve an extraordinary corporate transaction with regard to the Issuer or engage in any of the events set forth in Items 4(a) through (j) of Schedule 13D, but, except as otherwise provided herein, the Reporting Persons currently have no intention of selling any shares of KMI Common Stock. No guarantees can be given that the proposed merger will be consummated. No binding obligation on the part of the Issuer or any of the Reporting Persons or Page 16 of 21 the Sponsors shall arise with respect to the proposed merger unless and until mutually acceptable definitive documentation has been executed and delivered. The information set forth in response to this Item 4 is qualified in its entirety by reference to the Proposal Letter and the Debt Financing Letter, which are incorporated herein by reference. The information set forth in this Item 4 shall be deemed to supplement Item 4 of each of the Kinder Schedule 13D and the Morgan Schedule 13D. ITEM 5. INTEREST IN SECURITIES OF THE ISSUER. (a) and (b) The respective percentages set forth below are based on 133,630,376 shares of the KMI Common Stock outstanding as of March 1, 2006 and the respective options beneficially held by each Reporting Person, as appropriate. By virtue of the relationships among the Reporting Persons described herein, the Reporting Persons may be deemed to constitute a "group" within the meaning of Rule 13d-5(b) under the Exchange Act. As a member of a group, each Reporting Person may be deemed to beneficially own the KMI Common Stock beneficially owned by the members of the group as a whole. As of May 30, 2006, the Reporting Persons beneficially owned in the aggregate 25,950,951 shares of KMI Common Stock, which represents approximately 19.36% of the outstanding KMI Common Stock. Each of the Reporting Persons expressly disclaims beneficial ownership of such shares held by any other members of such group, except Mr. William Morgan does not disclaim beneficial ownership of shares held by Portcullis GP and Portcullis Partners and Portcullis GP does not disclaim beneficial ownership of shares held by Portcullis Partners. Mr. Richard Kinder has direct beneficial ownership of 23,994,577 shares of KMI Common Stock. Additionally, Mr. Richard Kinder may be deemed to beneficially own an additional 250 shares of KMI Common Stock held by Mr. Richard Kinder for the account of his nephew; Mr. Richard Kinder disclaims any and all beneficial or pecuniary interest in such 250 shares. These 250 shares, together with the 23,994,577 shares of KMI Common Stock for which Mr. Richard Kinder has direct beneficial ownership, represent approximately 17.96% of the outstanding KMI Common Stock. Mr. Richard Kinder's wife holds 5,173 shares of KMI Common Stock; such shares are not included in the number of shares beneficially owned by Mr. Richard Kinder set forth above, and Mr. Richard Kinder disclaims any and all beneficial or pecuniary interest in such shares. Portcullis Partners has direct beneficial ownership of 916,000 shares of KMI Common Stock, which represents approximately 0.69% of the outstanding KMI Common Stock. Portcullis GP, as the general partner of Portcullis Partners, and Mr. William Morgan, as the sole manager of Portcullis GP, may be deemed own and thereby share voting and dispositive power over the KMI Common Stock shares described herein held by Portcullis Partners. Mr. Michael Morgan has direct beneficial ownership of 242,454 shares of KMI Common Stock, which represents approximately 0.18% of the outstanding KMI Common Stock. The aggregate number set forth above includes (i) options to purchase 5,000 shares currently exercisable or exercisable within 60 days of May 30, Page 17 of 21 2006, (ii) 24,933 restricted shares and (iii) 89,250 shares held in the Michael C. Morgan and Christine R. Morgan 2001 Investment Trust, a trust in which Mr. Michael Morgan is both a beneficiary and a trustee. Mr. Shaper has direct beneficial ownership of 351,949 shares of KMI Common Stock, which represents approximately 0.26% of the outstanding KMI Common Stock. The aggregate number set forth above includes (i) options to purchase 220,000 shares currently exercisable or exercisable within 60 days of May 30, 2006 and (ii) 110,000 restricted shares. Mr. Kean has direct beneficial ownership of 136,142 shares of KMI Common Stock, which represents approximately 0.10% of the outstanding KMI Common Stock. The aggregate number set forth above includes (i) options to purchase 47,500 shares currently exercisable or exercisable within 60 days of May 30, 2006 and (ii) 78,000 restricted shares. Mr. David Kinder has direct beneficial ownership of 42,195 shares of KMI Common Stock, which represents approximately 0.03% of the outstanding KMI Common Stock. The aggregate number set forth above includes (i) options to purchase 20,600 shares currently exercisable or exercisable within 60 days of May 30, 2006 and (ii) 19,500 restricted shares. Mr. David Kinder's son holds 250 shares of KMI Common Stock; such shares are not included in the number of shares beneficially owned by Mr. David Kinder set forth above, and Mr. David Kinder disclaims any and all beneficial or pecuniary interest in such shares. Mr. Listengart has direct beneficial ownership of 140,247 shares of KMI Common Stock, which represents approximately 0.10% of the outstanding KMI Common Stock. The aggregate number set forth above includes (i) options to purchase 56,300 shares currently exercisable or exercisable within 60 days of May 30, 2006 and (ii) 70,000 restricted shares. Ms. Dang has direct beneficial ownership of 33,834 shares of KMI Common Stock, which represents approximately 0.03% of the outstanding KMI Common Stock. The aggregate number set forth above includes (i) options to purchase 24,750 shares currently exercisable or exercisable within 60 days of May 30, 2006 and (ii) 8,000 restricted shares. Mr. Street has direct beneficial ownership of 93,303 shares of KMI Common Stock, which represents approximately 0.07% of the outstanding KMI Common Stock. The aggregate number set forth above includes (i) options to purchase 38,400 shares currently exercisable or exercisable within 60 days of May 30, 2006 and (ii) 40,000 restricted shares. The Cover Pages of this Schedule 13D are incorporated herein by reference. As a result of the matters described in Item 4 above, the Reporting Persons may be deemed to constitute a "group" within the meaning of Section 13(d)(3) of the Exchange Act of 1934 with the Sponsors and Mr. Sarofim. As a result, the Reporting Persons may be deemed to beneficially own any shares of KMI Common Stock that may be beneficially owned by such persons. This Schedule 13D will be amended, or one or more additional statements on Schedule 13D will be filed, as necessary and appropriate to reflect shares of KMI Common Stock, if any, owned by the Sponsors and Mr. Sarofim. The Reporting Persons hereby disclaim beneficial ownership of any shares of KMI Common Stock that may be beneficially owned by the Sponsors and Mr. Sarofim. Page 18 of 21 (c) Except as set forth herein, the Reporting Persons have not effected any transactions in KMI Common Stock in the past 60 days. (d) Not applicable. (e) Not applicable. This Item 5 shall be deemed to amend and restate Item 5 of each of the Kinder Schedule 13D and the Morgan Schedule 13D in its entirety. ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO SECURITIES OF THE ISSUER. Items 3 and 4 of this Schedule 13D are incorporated herein by reference. The information set forth in response to this Item 6 is qualified in its entirety by reference to the Proposal Letter and the Debt Financing Letter, which are incorporated herein by reference. The information set forth in this Item 6 shall be deemed to supplement Item 6 of each of the Kinder Schedule 13D and the Morgan Schedule 13D. ITEM 7. MATERIAL TO BE FILED AS EXHIBITS. Exhibit 7.01. Joint Filing Agreement by and among the Reporting Persons, dated as of May 30, 2006. Exhibit 7.02. Proposal Letter to the Board of Directors of Kinder Morgan, Inc., dated May 28, 2006. Exhibit 7.03. Press Release, dated May 29, 2006. Exhibit 7.04 Debt Financing Highly Confident Letter, dated May 28, 2006, from Goldman Sachs Credit Partners L.P. Page 19 of 21 Signatures After reasonable inquiry and to the best knowledge and belief of each of the undersigned, such person certifies that the information set forth in this Schedule 13D with respect to such person is true, complete and correct. Dated: May 30, 2006 /S/ RICHARD D. KINDER --------------------------------------- RICHARD D. KINDER /S/ C. PARK SHAPER --------------------------------------- C. PARK SHAPER /S/ STEVEN J. KEAN --------------------------------------- STEVEN J. KEAN /S/ DAVID D. KINDER --------------------------------------- DAVID D. KINDER /S/ JOSEPH LISTENGART --------------------------------------- JOSEPH LISTENGART /S/ KIMBERLY A. DANG --------------------------------------- KIMBERLY A. DANG /S/ JAMES E. STREET --------------------------------------- JAMES E. STREET Page 20 of 21 PORTCULLIS PARTNERS, LP BY: PORTCULLIS G.P., LLC BY: /S/ WILLIAM V. MORGAN -------------------------------- WILLIAM V. MORGAN MANAGER PORTCULLIS G.P., LLC BY: /S/ WILLIAM V. MORGAN WILLIAM V. MORGAN -------------------------------- MANAGER /S/ WILLIAM V. MORGAN --------------------------------------- WILLIAM V. MORGAN /S/ MICHEL C. MORGAN --------------------------------------- MICHAEL C. MORGAN Page 21 of 21 EX-7 2 mv5-30ex7_01.txt 7.01 Exhibit 7.01 JOINT FILING AGREEMENT This Agreement is made this 30th day of May, 2006, by and between each of the undersigned. WHEREAS, each of the undersigned is required to file a Schedule 13D with respect to ownership of securities in Kinder Morgan, Inc.; NOW, THEREFORE, the undersigned agree to file only one Schedule 13D reflecting their combined beneficial ownership of securities in Kinder Morgan, Inc., and each of the undersigned hereby designates and appoints each of Richard D. Kinder and Joseph Listengart as its attorney-in-fact with full power of substitution for each of them, each acting singly, to sign, file and make any amendments to such Schedule 13D. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original but all of which together will constitute one and the same instrument. [Signature Pages Follow.] IN WITNESS WHEREOF, each of the undersigned has executed this Joint Filing Agreement as of the date first written above. /S/ RICHARD D. KINDER ------------------------------------- RICHARD D. KINDER /C/ C. PARK SHAPER ------------------------------------- C. PARK SHAPER /S/ STEVEN J. KEAN ------------------------------------- STEVEN J. KEAN /S/ DAVID D. KINDER ------------------------------------- DAVID D. KINDER /S/ JOSEPH LISTENGART ------------------------------------- JOSEPH LISTENGART /S/ KIMBERLY A. DANG ------------------------------------- KIMBERLY A. DANG /S/ JAMES E. STREET ------------------------------------- JAMES E. STREET [Signature Page to Joint Filing Agreement] PORTCULLIS PARTNERS, LP BY: PORTCULLIS G.P., LLC BY: /S/ WILLIAM V. MORGAN --------------------------------- WILLIAM V. MORGAN MANAGER PORTCULLIS G.P., LLC BY: /S/ WILLIAM V. MORGAN --------------------------------- WILLIAM V. MORGAN MANAGER /S/ WILLIAM V. MORGAN ------------------------------------- WILLIAM V. MORGAN /S/ MICHAEL C. MORGAN ------------------------------------- MICHAEL C. MORGAN [Signature Page to Joint Filing Agreement] EX-7 3 mv5-30ex7_02.txt 7.02 Exhibit 7.02 May 28, 2006 Board of Directors Kinder Morgan, Inc. 500 Dallas Street, Suite 1000 Houston, Texas 77002 Gentlemen: Together with senior management, co-founder Bill Morgan, Board members Fayez Sarofim and Mike Morgan, and investment partners GS Capital Partners, AIG, The Carlyle Group, and Riverstone Holdings LLC, I am pleased to offer to acquire all of the outstanding shares of common stock of Kinder Morgan, Inc. (the "Company") at a cash purchase price of $100 per share. We believe that our offer is fair and in the best interest of the Company and its public shareholders and that the shareholders will find our proposal attractive. This offer represents a premium of 18.5% over the closing price of the Company's common shares on May 26, 2006. The acquisition would be in the form of a merger of the Company with a new acquisition vehicle that we would form. I would continue as Chairman and CEO following the transaction, and we also expect that the Company's senior management team would remain in place. We clearly anticipate continuing to run the business in accordance with our current practice and maintaining the Company's valuable employee base, which we view as one of its most important assets. I would expect to reinvest 100% of my equity ownership through this transaction. My reinvestment, when combined with the investment expected to be made by other members of senior management and by each of Fayez Sarofim and Bill and Mike Morgan, would have a value of approximately $2.8 billion based on the proposed transaction price. In addition to this substantial reinvestment, the transaction would be financed through a combination of (1) approximately $4.5 billion of equity that would be provided by affiliates of and investment funds managed by GS Capital Partners, affiliates of AIG and funds managed by AIG Global Investment Group, funds managed by The Carlyle Group and funds managed by Riverstone Holdings LLC and (2) approximately $14.5 billion of funded indebtedness. We have received a "highly confident" letter from Goldman Sachs Credit Partners, L.P. stating that it is highly confident of its ability to raise the debt necessary to complete the transaction. A copy of the letter is enclosed herewith. We believe that we offer a high degree of closing certainty and that we are well positioned to negotiate and complete the transaction in an expedited manner. We are preparing a draft merger agreement that we will provide to you shortly. The familiarity of our management team with the Company means that we will be in a position to finalize the merger agreement very quickly. We do not anticipate that any regulatory approvals will be impediments to closing. We expect that you will establish a special committee of independent directors to consider our proposal on behalf of the Company's public shareholders and to recommend to the Board whether to approve the proposal with its own legal and financial advisors to assist in its review. We would welcome the opportunity to present our proposal to the special committee as soon as possible. Of course, no binding obligation on the part of the Company or any of the undersigned shall arise with respect to the proposal or any transaction unless and until such time as definitive documentation satisfactory to us and recommended by the special committee and approved by the Board of Directors is executed and delivered. Our entire team looks forward to working with the special committee and its legal and financial advisors to complete a transaction that is attractive to the Company's public shareholders. Should you have any questions, please contact us. Sincerely, By: /s/ Richard D. Kinder -------------------------- Richard D. Kinder GS CAPITAL PARTNERS V FUND, L.P. By: GSCP V Advisors, L.L.C., its general partner By: /s/ Henry Cornell --------------------------------------------- Name: Henry Cornell Title: Managing Director AIG GLOBAL ASSET MANAGEMENT HOLDINGS CORP. By: /s/ Brian Schreiber --------------------------------------------- Name: Brian Schreiber Title: Managing Director CARLYLE PARTNERS IV, L.P. By: TC Group IV, L.P., its general partner By: TC Group IV, L.L.C., its general partner By: TC Group, L.L.C., its managing member By: TCG Holdings, L.L.C. By: /s/ Allan M. Holt --------------------------------------------- Name: Allan M. Holt Title: Managing Director 2 CARLYLE/RIVERSTONE ENERGY PARTNERS III, L.P. By: C/R Energy GP III, LLC By: /s/ David M. Leuschen --------------------------------------------- Name: David M. Leuschen Title: Authorized Person By: /s/ Pierre F. Lapeyre, Jr. --------------------------------------------- Name: Pierre F. Lapeyre, Jr. Title: Authorized Person 3 EX-7 4 mv5-30ex7_03.txt 7.03 Exhibit 7.03 CONTACT - ------- Larry Pierce (713) 369-9407 MANAGEMENT GROUP AND INVESTMENT PARTNERS PROPOSE TO TAKE KINDER MORGAN, INC. "PRIVATE" AT $100 PER SHARE HOUSTON, May 29, 2006 - Richard D. Kinder, the Chairman and CEO of Kinder Morgan, Inc. (NYSE: KMI), today announced that he, together with other members of management, co-founder Bill Morgan, current board members Fayez Sarofim and Mike Morgan, and investment partners Goldman Sachs Capital Partners, American International Group, Inc., The Carlyle Group and Riverstone Holdings LLC, has submitted a proposal to acquire all of the outstanding common stock of Kinder Morgan, Inc. at a price of $100 per share in cash. Kinder, who would continue as Chairman and CEO following the transaction, would reinvest all of his 24 million KMI shares. Combined, KMI management and the participating board members would be investing almost $2.8 billion in the transaction, and the financial sponsors would provide the remainder of the required equity. The value of the purchased equity, together with the debt that would be either refinanced or remain outstanding is approximately $22 billion. Goldman Sachs Credit Partners has provided a "highly confident" letter regarding the group's ability to raise the required debt. (A copy of the text of the proposal letter to the KMI board of directors and Goldman Sachs Credit Partners' letter is attached to this news release). The proposal represents a premium of approximately 18.5 percent over the closing price of KMI stock on Friday, May 26, of $84.41. At the offer price, KMI shareholders will have realized an average annual return of approximately 39 percent since the announcement of the creation of KMI in July 1999. "I am very pleased to be working with Goldman Sachs, AIG, Carlyle and Riverstone Holdings to provide extraordinary value to all of KMI's shareholders," Kinder said. "Under our proposal, the senior management team would remain intact to help lead our enterprise into the future, and it would be business as usual for our valued employees, who are responsible for our success. We look forward to working with the KMI board of directors and hope that a merger agreement can be reached in the near future." (more) PROPOSAL TO TAKE KMI PRIVATE PAGE 2 "This buyout proposal reflects the confidence that senior management and the sponsors have in the future growth potential of Kinder Morgan Energy Partners, L.P. (NYSE: KMP), as KMI's ownership of the general partner of, and other partnership interests in, KMP represents KMI's largest and fastest growing asset," said Kinder. "KMP would directly benefit in two ways. First, this transaction would enable a new crude oil hedging facility to be implemented for the CO2 business segment that would lock in $1.5 billion in proceeds from future crude sales without requiring the posting of margin. Second, upon completion of the transaction, KMI would offer KMP the option to acquire the Trans Mountain Pipeline and its future expansion opportunities at an attractive price, subject to KMP board approval." Founded in 1869, Goldman Sachs is one of the oldest and largest investment banking firms. Goldman Sachs is also a global leader in private corporate equity and mezzanine investing. Established in 1992, the GS Capital Partners Funds are part of the firm's Principal Investment Area in the Merchant Banking Division. Goldman Sachs' Principal Investment Area has formed 12 investment vehicles aggregating $35 billion of capital to date. With $8.5 billion in committed capital, GS Capital Partners V is the current primary investment vehicle for Goldman Sachs to make privately negotiated equity investments. American International Group, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG's common stock is listed in the U.S. on the New York Stock Exchange as well as the stock exchanges in London, Paris, Switzerland and Tokyo. The Carlyle Group is a global private equity firm with $39 billion under management. Carlyle invests in buyouts, venture & growth capital, real estate and leveraged finance in Asia, Europe and North America, focusing on aerospace & defense, automotive & transportation, (more) PROPOSAL TO TAKE KMI PRIVATE PAGE 3 consumer & retail, energy & power, healthcare, industrial, technology & business services and telecommunications & media. Since 1987, the firm has invested $18.1 billion of equity in 463 transactions for a total purchase price of $73.2 billion. The Carlyle Group employs more than 650 people in 14 countries. In the aggregate, Carlyle portfolio companies have more than $46 billion in revenue and employ more than 184,000 people around the world. www.carlyle.com. Riverstone Holdings LLC is a New York-based energy and power focused private equity firm founded in 2000 with $6.5 billion currently under management. Riverstone conducts buyout and growth capital investments in the midstream, upstream, power and oilfield service sectors of the energy industry. To date, the firm has committed more than $2 billion to over 20 investments across each of these four sectors, involving more than $15 billion of assets. For more information on Riverstone Holdings, see www.riverstonellc.com. This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Although it is believed that the expectations are based on reasonable assumptions, there can be no assurance that such assumptions will materialize. Important factors that could cause actual results to differ materially from those in the forward-looking statements herein are enumerated in Kinder Morgan Inc.'s and Kinder Morgan Energy Partners, L.P.'s Forms 10-K and 10-Q as filed with the Securities and Exchange Commission. # # # EX-7 5 mv5-30ex7_04.txt 7.04 Exhibit 7.04 GOLDMAN, SACHS & CO. GOLDMAN SACHS CREDIT PARTNERS L.P. 85 BROAD STREET NEW YORK, NEW YORK 10004 PERSONAL AND CONFIDENTIAL May 28, 2006 Richard D. Kinder c/o Kinder Morgan, Inc. 500 Dallas Street, Suite 1000 Houston, Texas 77002 GS Capital Partners V Fund, L.P. 85 Broad Street New York, New York 10004 AIG Global Asset Management Holdings Corp. 70 Pine Street New York, NY 10270 The Carlyle Group 1001 Pennsylvania Avenue, NW Suite 200 South Washington, DC 20004-2505 Riverstone Holdings LLC 712 Fifth Avenue 51st Floor New York, NY 10019 Ladies and Gentlemen: You have advised Goldman, Sachs & Co. ("Goldman Sachs") and Goldman Sachs Credit Partners L.P. ("GS Credit Partners" and together with Goldman Sachs, "we" or "us") that Richard D. Kinder, GS Capital Partners V Fund, L.P., AIG Global Asset Management Holdings Corp., The Carlyle Group and Riverstone Holdings LLC (the "Sponsors") are submitting a proposal to acquire (the "Acquisition") all of the outstanding capital stock of Kinder Morgan, Inc. (the "Acquired Business"). You have advised us that the Acquisition will be financed from a combination of equity contributed by the Sponsors in cash and the rollover and/or purchase of equity by Richard Kinder and certain other members of management of the Acquired Business (the "Equity Contribution") and funded indebtedness of approximately $14.5 billion to be incurred by the Acquired Business under (1) one or more senior and/or subordinated credit facilities (the "Credit Facilities"), (2) through the sale or placement of senior and/or subordinated debt securities (the "Securities") or, in the event market conditions do not permit the issuance of the Securities at the closing of the Acquisition, interim financing in lieu thereof consisting of additional Credit Facilities and/or (3) the assumption of certain existing indebtedness of the Acquired Business, including indebtedness consisting of trust preferred securities ("Existing Indebtedness"). You have consulted with Goldman Sachs and GS Credit Partners, respectively, concerning the sale of the Securities and the structuring and syndication of the Credit Facilities. Based on the information that you have provided to us to date and publicly available information, our analysis of the current market for loans and securities issued by entities engaged in similar industries and for transactions of this type and subject to the foregoing and such other matters as we consider relevant, we are pleased to inform you that, as of the date hereof, we are highly confident that the sale and placement of the Securities and the structuring and syndication of the Credit Facilities can be accomplished by Goldman Sachs and GS Credit Partners, respectively, as part of the financing for the Acquisition as described above. We are pleased to confirm that we have received approval from our respective credit committees to deliver this letter to you. Obtaining financing for the Acquisition is inherently subject to uncertainties and contingencies beyond our control; accordingly, this letter is not a commitment to place or purchase the Securities or to place, purchase or provide any loans under the Credit Facilities, and there can be no assurance that the sale and placement of the Securities and/or the structuring and syndication of the Credit Facilities will in fact be accomplished. The provision of any such commitment would be subject to satisfactory completion of due diligence, satisfactory structure and documentation for the Acquisition and the financing and any such commitment, if issued by us, would be subject to satisfaction of conditions that are customary for these types of financings of acquisitions of public companies with you or your affiliates. In connection with this letter, we have relied without independent verification upon the accuracy and completeness of all of the financial, accounting, tax and other information reviewed by us for purposes of this letter. In addition, please note that Goldman Sachs and GS Credit Partners do not provide, and nothing herein shall be construed to be, accounting, tax or legal advice. 2 Very truly yours, /s/ Goldman, Sachs & Co. ------------------------------------ (Goldman, Sachs & Co.) Goldman Sachs Credit Partners L.P. By: /s/ William W. Archer -------------------------------- Authorized Signatory 3 -----END PRIVACY-ENHANCED MESSAGE-----