Gordon Storrow M 4
4 · InfraREIT, Inc. · Filed Jan 4, 2019
Insider Transaction Report
Form 4
InfraREIT, Inc.HIFR
Gordon Storrow M
Director
Transactions
- Award
common stock, $0.01 par value per share
2019-01-02+3,779→ 5,369 total
Holdings
- 16,901
LTIP Units
→ common stock
Footnotes (3)
- [F1]Restricted common stock awarded under the InfraREIT, Inc. 2015 Equity Incentive Plan to non-employee directors. The shares are scheduled to vest on January 2, 2020.
- [F2]In the aggregate, Ms. Gordon beneficially owns 22,270 shares of common stock, consisting of the 5,369 shares of common stock shown in Table I and the 16,901 shares underlying the LTIP Units shown in Table II.
- [F3]Represents LTIP Units of InfraREIT Partners, LP. 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.