4//SEC Filing
InfraREIT, Inc. 4
Accession 0001209191-15-025103
CIK 0001506401operating
Filed
Mar 10, 8:00 PM ET
Accepted
Mar 11, 3:29 PM ET
Size
13.7 KB
Accession
0001209191-15-025103
Insider Transaction Report
Form 4
InfraREIT, Inc.HIFR
Hunt Hunter
Director10% Owner
Transactions
- Conversion
common units
2015-03-09+10,124,859→ 12,093,989 total(indirect: See Footnote)→ Common Stock (10,124,859 underlying) - Other
common units
2015-03-09+1,969,130→ 1,969,130 total(indirect: See Footnote)→ Common Stock (1,969,130 underlying) - Conversion
Class A units
2015-03-09−10,124,859→ 0 total(indirect: See Footnote)→ Common Stock (10,124,859 underlying)
Footnotes (8)
- [F1]Represents common units of InfraREIT Partners, LP. Common units are redeemable for cash or, at InfraREIT, Inc.'s election, shares of InfraREIT, Inc.'s common stock on a one-for-one basis, beginning the day before the first year anniversary of the closing of InfraREIT, Inc.'s initial public offering. The right to redeem common units does not have an expiration date.
- [F2]Pursuant to the terms of the Second Amended and Restated Agreement of Limited Partnership of InfraREIT Partners, LP (as amended from time to time, the "Partnership Agreement"), 2,329,283 common units were automatically issued to Hunt-InfraREIT, L.L.C. ("Hunt-InfraREIT"), which is a subsidiary of Hunt Consolidated, Inc. ("Hunt"). Hunt-InfraREIT subsequently distributed the common units to Hunt Transmission Services, L.L.C. ("HTS") and Electricity Participant Partnership, LLC ("EPP"), each of which is a subsidiary of Hunt.
- [F3]Excludes 360,153 common units held by EPP for the benefit of current and former employees and service providers to Hunt. The reporting person disclaims beneficial ownership of these securities.
- [F4]Excludes 1,527,440 common units held by EPP for the benefit of current and former employees and service providers to Hunt. The reporting person disclaims beneficial ownership of these securities.
- [F5]The reported securities are owned directly by Hunt or one of its subsidiaries. The reporting person is a co-President of Hunt and controls Hunt through one or more intermediaries. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein.
- [F6]Pursuant to the Partnership Agreement, 10,166,525 Class A units of InfraREIT Partners, LP held by Hunt-InfraREIT automatically converted on a one-for-one basis to common units of InfraREIT Partners, LP. Hunt-InfraREIT subsequently distributed the common units to HTS and EPP.
- [F7]Excludes 41,666 Class A units that, following the conversion into common units described in note 6, are held by EPP for the benefit of current and former employees and service providers to Hunt. The reporting person disclaims beneficial ownership of these securities.
- [F8]Excludes an aggregate of 1,569,106 common units held by EPP for the benefit of current and former employees and service providers to Hunt. The reporting person disclaims beneficial ownership of these securities.
Documents
Issuer
InfraREIT, Inc.
CIK 0001506401
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001506401
Filing Metadata
- Form type
- 4
- Filed
- Mar 10, 8:00 PM ET
- Accepted
- Mar 11, 3:29 PM ET
- Size
- 13.7 KB