4//SEC Filing
InfraREIT, Inc. 4
Accession 0001209191-16-113243
CIK 0001506401operating
Filed
Apr 4, 8:00 PM ET
Accepted
Apr 5, 6:01 PM ET
Size
7.6 KB
Accession
0001209191-16-113243
Insider Transaction Report
Form 4
InfraREIT, Inc.HIFR
Gordon Storrow M
Director
Transactions
- Award
common stock, $0.01 par value per share
2016-04-01$16.23/sh+431$6,996→ 802 total
Holdings
- 8,246
LTIP Units
→ common stock (8,246 underlying)
Footnotes (4)
- [F1]Represents common stock issued under the InfraREIT, Inc. 2015 Equity Incentive Plan to non-employee directors who elected to receive shares of common stock in lieu of director cash compensation fees.
- [F2]Represents the volume-weighted price of InfraREIT, Inc. shares of common stock on the New York Stock Exchange during the fifteen (15) consecutive trading days prior to April 1.
- [F3]In the aggregate, Ms. Gordon beneficially owns 9,048 shares of common stock, consisting of the 802 shares of common stock shown in Table I and the 8,246 shares underlying the LTIP Units shown in Table II.
- [F4]Represents 8,246 LTIP Units of InfraREIT Partners, LP, 4,000 of which are fully vested and 4,246 of which are scheduled to fully vest on January 4, 2017. Pursuant to the Third Amended and Restated Agreement of Limited Partnership of InfraREIT Partners, LP, Ms. Gordon may elect to convert any vested LTIP Units on a one-for-one basis to common units of InfraREIT Partners, LP in accordance with their terms. 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. The rights to convert vested LTIP Units into common units and redeem common units do not have expiration dates.
Documents
Issuer
InfraREIT, Inc.
CIK 0001506401
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001506401
Filing Metadata
- Form type
- 4
- Filed
- Apr 4, 8:00 PM ET
- Accepted
- Apr 5, 6:01 PM ET
- Size
- 7.6 KB