David J. Schulte - 06 Jul 2021 Form 4 Insider Report for CorEnergy Infrastructure Trust, Inc.

Role: President & CEO & Chairman, Director
Signature: /s/ David J. Schulte
Issuer symbol: N/A
Transactions as of: 06 Jul 2021
Net transactions value: $0
Form type: 4
Filing time: 08 Jul 2021, 18:45:29 UTC
Next filing: 24 Aug 2021
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CORR	Common Stock	Award		+271,879			271,879	06 Jul 2021	By Corporation	F1
transaction	CORR	Common Stock	Award		+344,525			344,525	06 Jul 2021	By Trust	F2
transaction	CORR	Depositary Shares representing Series A Preferred Stock	Award		+40,107			40,107	06 Jul 2021	By Corporation	F1
transaction	CORR	Depositary Shares representing Series A Preferred Stock	Award		+50,822			50,822	06 Jul 2021	By Trust	F2
holding	CORR	Common Stock						27,000	06 Jul 2021	Direct
holding	CORR	Common Stock						2,570	06 Jul 2021	By Spouse as custodian of children's accounts

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		+161,114			161,114	06 Jul 2021	Common Stock	161,114		By Corporation	F1, F3
transaction	CORR	Class B Common Stock	Award		+204,162			204,162	06 Jul 2021	Common Stock	204,162		By Trust	F2, F3

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

Explanation of Responses:

Id	Content
F1	A corporation controlled by the reporting person, Campbell Hamilton, Inc., 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 in Corridor 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 $942,513 for the Series A Preferred Stock, $1,908,591 for the Common Stock and $1,131,020 for the Class B Common Stock.
F2	A trust in which the reporting person serves as trustee, the DJS Trust dated July 18, 2016, acquired the Common Stock, Series A Preferred Stock and Class B Common Stock in exchange for membership interests in Corridor. There was no market for these membership interests in Corridor 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 $1,194,315 for the Series A Preferred Stock, $2,418,566 for the Common Stock and $1,433,217 for the Class B Common Stock.
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.