Rebecca M. Sandring - Jul 6, 2021 Form 4 Insider Report for CorEnergy Infrastructure Trust, Inc. (CORR)

Role: Executive Vice President
Signature: /s/ Rebecca M. Sandring
Stock symbol: CORR
Transactions as of: Jul 6, 2021
Transactions value $: $0
Form type: 4
Date filed: 7/8/2021, 06:04 PM
Next filing: Nov 16, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CORR	Common Stock	Award		+60.6K	+1169.72%		65.8K	Jul 6, 2021	Direct	F1
transaction	CORR	Depositary Shares representing Series A Preferred Stock	Award		+8.94K			8.94K	Jul 6, 2021	Direct	F1
holding	CORR	Common Stock						0	Jul 6, 2021	By daughter	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	CORR	Class B Common Stock	Award		+35.9K			35.9K	Jul 6, 2021	Common Stock	35.9K		Direct	F1, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The reporting person acquired the Common Stock, Series A Preferred Stock and Class B Common Stock in exchange for membership interests in Corridor InfraTrust Management, LLC ("Corridor"), the former external manager of the Company. There was no market for these membership interests and the value of the interests surrendered by the reporting person, based on the reporting person's percentage ownership in Corridor, is estimated to be $210,019 for the Series A Preferred Stock, $425,272 for the Common Stock and $252,018 for the Class B Common Stock.
F2	The reporting person no longer has a reportable beneficial interest in 195 shares of Common Stock owned by her daughter and included in the reporting person's prior ownership reports.
F3	The shares of Class B Common Stock will convert to Common Stock on a one-for-one basis no later than February 4, 2024 depending on certain dividend payments by the Company as described in the Articles Supplementary related to the Class B Common Stock filed with the SEC on February 10, 2021. The Class B Common Stock is entitled to one vote per share and votes with the Common Stock.