4//SEC Filing
SCHULTE DAVID J 4
Accession 0001014108-23-000053
CIK 0001347652other
Filed
Mar 16, 8:00 PM ET
Accepted
Mar 17, 12:28 PM ET
Size
18.2 KB
Accession
0001014108-23-000053
Insider Transaction Report
Form 4
SCHULTE DAVID J
President & CEO
Transactions
- Tax Payment
Common Stock
2023-03-15$1.22/sh−13,663$16,669→ 54,768 total - Exercise/Conversion
Restricted Stock Units
2023-03-15−39,431→ 78,866 total→ Common Stock (39,431 underlying) - Exercise/Conversion
Common Stock
2023-03-15+39,431→ 68,431 total
Holdings
- 271,879(indirect: By Corporation)
Common Stock
- 2,570(indirect: By Spouse)
Common Stock
- 204,162(indirect: By Trust)
Class B Common Stock
→ Common Stock (204,162 underlying) - 344,525(indirect: By Trust)
Common Stock
- 161,114(indirect: By Corporation)
Class B Common Stock
→ Common Stock (161,114 underlying)
Footnotes (5)
- [F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of CORR common stock.
- [F2]A corporation controlled by the reporting person.
- [F3]A trust in which the reporting person serves as trustee.
- [F4]On March 15, 2023, 39,431 of Mr. Schulte's RSUs, granted on May 26, 2022, vested. On March 15, 2023, 13,663 of the 39,431 shares underlying these newly-vested RSUs were surrendered to satisfy the tax withholding obligations triggered upon the March 15th vesting. The surrender of shares is the Company's default process for paying tax withholding obligations triggered upon the vesting of RSUs.
- [F5]The shares of Class B Common Stock will convert to Common Stock on a one-for-one basis no later than February 4, 2024 depending on certain dividend payments by the Company as described in the Articles Supplementary related to the Class B Common Stock filed with the SEC on February 10, 2021. The Class B Common Stock is entitled to one vote per share and votes with the Common Stock.
Issuer
CorEnergy Infrastructure Trust, Inc.
CIK 0001347652
Entity typeother
Related Parties
1- filerCIK 0001107140
Filing Metadata
- Form type
- 4
- Filed
- Mar 16, 8:00 PM ET
- Accepted
- Mar 17, 12:28 PM ET
- Size
- 18.2 KB