Richard C. Kreul - May 26, 2022 Form 4 Insider Report for CorEnergy Infrastructure Trust, Inc. (CORR)

Signature
/s/ Richard C. Kreul
Stock symbol
CORR
Transactions as of
May 26, 2022
Transactions value $
$0
Form type
4
Date filed
5/31/2022, 07:22 PM
Previous filing
May 31, 2022
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding CORR Common Stock 7.03K May 26, 2022 Direct

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 +39.3K $0.00 39.3K May 26, 2022 Common Stock 39.3K Direct F1
holding CORR Class B Common Stock 155K May 26, 2022 Common Stock 155K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 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.