what secondary, they recently raised capital by doing a secondary through KMR
From finance.yahoo news/kinder-morgan-management-announces-exercise-201800125.html
Kinder Morgan Management Announces Exercise of Underwriters’ Option to Purchase Additional Shares
Kinder Morgan Management, LLC (KMR) today announced that the underwriters of its recently completed public offering of 8,800,000 shares have exercised in full their option to purchase an additional 1,320,000 shares. Barclays and BofA Merrill Lynch acted as joint book-running managers, and Credit Suisse, Deutsche Bank Securities, J.P. Morgan, RBC Capital Markets and UBS Investment Bank acted as co-managers for the offering. The exercise price for the additional shares is $71.85 per share, the same as the price at which the 8,800,000 shares were sold to the underwriters.