Grier John D 4
4 · CorEnergy Infrastructure Trust, Inc. · Filed Mar 17, 2023
Insider Transaction Report
Form 4
Grier John D
DirectorChief Operating Officer
Transactions
- Exercise/Conversion
Common Stock
2023-03-15+12,618→ 14,618 total - Tax Payment
Common Stock
2023-03-15$1.22/sh−4,297$5,242→ 10,321 total - Exercise/Conversion
Restricted Stock Units
2023-03-15−12,618→ 25,237 total→ Common Stock (12,618 underlying)
Footnotes (2)
- [F1]Each restricted stock unit (RSU) represents a contingent right to receive one share of CORR common stock.
- [F2]On March 15, 2023, 12,618 of Mr. Grier's RSUs, granted on May 26, 2022, vested. On March 15, 2023, 4,297 of the 12,618 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.