Waldron Robert L 4
4 · CorEnergy Infrastructure Trust, Inc. · Filed Mar 17, 2023
Insider Transaction Report
Form 4
Waldron Robert L
Chief Financial Officer
Transactions
- Exercise/Conversion
Common Stock
2023-03-15+22,943→ 22,943 total - Tax Payment
Common Stock
2023-03-15$1.22/sh−7,813$9,532→ 15,130 total - Exercise/Conversion
Restricted Stock Units
2023-03-15−22,943→ 45,889 total→ Common Stock (22,943 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, 22,943 of Mr. Waldron's RSUs, granted on May 26, 2022, vested. On March 15, 2023, 7,813 of the 22,943 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.