SEC Form 4 · accession 0001209191-16-149136

InfraREIT, Inc. · HIFR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

10% Owner

Period of report

Nov 7, 2016

Accepted (ET)

Nov 9, 2016 · 5:48 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001506401

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
common stock, $0.01 par value per share^F1,F2	Nov 7, 2016	J	5,500	—	A	5,500	I	By a subsidiary

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
common units^F3,F2	—	holding	—	—	—	—	—	common stock	15,262,028	15,262,028	I

F1Represents the forfeiture by Benjamin D. Nelson to Hunt Transmission Services, LLC ("HTS"), a subsidiary of Hunt Consolidated, Inc. ("HCI"), of a prior grant of common stock from HTS as incentive compensation. The stock was restricted and, as of Mr. Nelson's resignation on November 7, 2016, had not vested. As a result, pursuant to the terms of the grant, the shares were forfeited.
F2In the aggregate, HCI beneficially owns 15,267,528 shares of common stock, consisting of the 5,500 shares of common stock shown in Table I and the 15,262,028 shares underlying the common units shown in Table II. This amount excludes 1,534,238 common units held by Electricity Participant Partnership, LLC as to which HCI has disclaimed beneficial ownership.
F3Represents common units of InfraREIT Partners, LP. Pursuant to the Third Amended and Restated Agreement of Limited Partnership of InfraREIT Partners, LP, 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. The right to redeem common units does not have an expiration date.