X0306 4 2016-11-02 0 0001389170 Targa Resources Corp. TRGP 0001387729 McParland Jeffrey J 1000 LOUISIANA, SUITE 4300 HOUSTON TX 77002 0 1 0 0 See Remarks Common Stock 2016-11-02 4 S 0 7100 45.5696 D 266948 I See Footnote Common Stock 2016-11-02 4 S 0 100 46.30 D 266848 I See Footnote Common Stock 145983 D Common Stock 37542 I By IRA The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 18, 2016. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $45 to $45.92, inclusive. The reporting person undertakes to provide to Targa Resources Corp., any security holder of Targa Resources Corp., or the staff of the United States Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnote (2) to this Form 4. These shares are held by the Sarah McParland Family Trust, of which Mr. McParland's spouse serves as trustee. President - Finance and Administration /s/ Jeffrey J. McParland 2016-11-04