4//SEC Filing
InfraREIT, Inc. 4
Accession 0001209191-16-124480
CIK 0001506401operating
Filed
May 30, 8:00 PM ET
Accepted
May 31, 6:59 PM ET
Size
8.2 KB
Accession
0001209191-16-124480
Insider Transaction Report
Form 4
InfraREIT, Inc.HIFR
Hunt Hunter
Director10% Owner
Transactions
- Other
common stock, $0.01 par value per share
2016-05-27−34,500→ 3,142,378 total(indirect: See Footnote)
Holdings
- 12,119,650(indirect: See Footnote)
common units
→ common stock (12,119,650 underlying)
Footnotes (3)
- [F1]Represents the grant of common stock by Hunt Transmission Services, LLC, a subsidiary of Hunt Consolidated, Inc. ("HCI"), to certain employees of HCI and its subsidiaries as incentive compensation. The stock is restricted and subject to vesting. The shares will vest one-third on January 1, 2017, one-third on January 1, 2018 and the balance of shares will vest on January 1, 2019, subject to continual service by such employees on such dates.
- [F2]The reported securities are owned directly by HCI or one of its subsidiaries. The reporting person is a co-CEO of HCI and controls HCI through one or more intermediaries. The reporting person disclaims beneficial ownership of the shares except to the extent of his pecuniary interest therein. In the aggregate, HCI beneficially owns 15,262,028 shares of common stock, consisting of the 3,142,378 shares of common stock shown in Table I and the 12,119,650 shares underlying the common units shown in Table II, but does not include the 1,543,445 common units held by Electricity Participant Partnership, LLC as to which HCI and the reporting person have disclaimed beneficial ownership.
- [F3]Represents common units of InfraREIT Partners, LP. Pursuant to the Third Amended and Restated Agreement of Limited Partnership 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. The right to redeem common units does not have an expiration date.
Documents
Issuer
InfraREIT, Inc.
CIK 0001506401
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001506401
Filing Metadata
- Form type
- 4
- Filed
- May 30, 8:00 PM ET
- Accepted
- May 31, 6:59 PM ET
- Size
- 8.2 KB