SEC Form 4 · accession 0001209191-15-025100
InfraREIT, Inc. · HIFR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Harold R Logan Jr.
Director · Other
Period of report
Mar 9, 2015
Accepted (ET)
Mar 11, 2015 · 3:25 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001506401
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| LTIP UnitsF1,F2 | — | Mar 9, 2015 | C | 5,632 | D | — | — | Common Stock | 5,632 | 0 | D |
| common unitsF3 | — | Mar 9, 2015 | C | 5,632 | A | — | — | Common Stock | 5,632 | 5,632 | D |
Explanation of responses
- F1Pursuant to the Second Amended and Restated Agreement of Limited Partnership of InfraREIT Partners, LP (as amended from time to time, the "Partnership Agreement"), 5,632 LTIP Units of InfraREIT Partners, LP held by the reporting person automatically converted on a one-for-one basis to common units of InfraREIT Partners, LP.
- F2The reporting person also holds 4,000 LTIP Units of InfraREIT Partners, LP that were granted on February 4, 2015 and have a one year vesting period.
- F3Represents common units of InfraREIT Partners, LP. Pursuant to the Partnership Agreement, 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, beginning the day before the first year anniversary of the closing of InfraREIT, Inc.'s initial public offering. The right to redeem common units does not have an expiration date.