David J. Schulte - May 26, 2022 Form 4 Insider Report for CorEnergy Infrastructure Trust, Inc. (CORR)

Signature
/s/ David J. Schulte
Stock symbol
CORR
Transactions as of
May 26, 2022
Transactions value $
$0
Form type
4
Date filed
5/31/2022, 04:12 PM
Previous filing
Feb 15, 2022
Next filing
Feb 14, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CORR Common Stock 29K May 26, 2022 Direct
holding CORR Common Stock 272K May 26, 2022 By Corporation
holding CORR Common Stock 345K May 26, 2022 By Trust
holding CORR Common Stock 2.57K May 26, 2022 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 Restricted Stock Units Award $0 +118K $0.00 118K May 26, 2022 Common Stock 118K Direct F3
holding CORR Class B Common Stock 161K May 26, 2022 Common Stock 161K By Corporation F1, F4
holding CORR Class B Common Stock 204K May 26, 2022 Common Stock 204K By Trust F2, F4
* 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.
F2 A trust in which the reporting person serves as trustee.
F3 Each restricted stock unit represents a contingent right to receive one share of CORR common stock. The restricted stock units vest in three equal installments beginning March 15, 2023.
F4 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.