Ned Brines - Dec 16, 2021 Form 4 Insider Report for INDEPENDENCE REALTY TRUST, INC. (IRT)

Role: Director
Signature: /s/ Jessica K. Norman, attorney-in-fact
Stock symbol: IRT
Transactions as of: Dec 16, 2021
Transactions value $: $0
Form type: 4
Date filed: 12/16/2021, 02:45 PM
Previous filing: Aug 13, 2021
Next filing: May 20, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IRT	Common Stock	Award	$0	+32K		$0.00	32K	Dec 16, 2021	Direct	F1
transaction	IRT	Common Stock	Award	$0	+1.37K		$0.00	1.37K	Dec 16, 2021	By SEP IRA	F1

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

Explanation of Responses:

Id	Content
F1	As of December 16, 2021, Steadfast Apartment REIT, Inc. ("STAR") merged (the "Merger") with and into IRSTAR Sub, LLC ("IRT Merger Sub"), a wholly-owned subsidiary of Independence Realty Trust, Inc. (the "Issuer"), pursuant to the Agreement and Plan of Merger dated as of July 26, 2021, by and among the Issuer, IRT Merger Sub, Independence Realty Operating Partnership, LP, STAR and Steadfast Apartment REIT Operating Partnership, L.P. As of the effective time of the Merger, each outstanding share of STAR common stock was automatically converted into 0.905 shares of the Issuer's common stock with cash paid in lieu of fractional shares.

Content

As of December 16, 2021, Steadfast Apartment REIT, Inc. ("STAR") merged (the "Merger") with and into IRSTAR Sub, LLC ("IRT Merger Sub"), a wholly-owned subsidiary of Independence Realty Trust, Inc. (the "Issuer"), pursuant to the Agreement and Plan of Merger dated as of July 26, 2021, by and among the Issuer, IRT Merger Sub, Independence Realty Operating Partnership, LP, STAR and Steadfast Apartment REIT Operating Partnership, L.P. As of the effective time of the Merger, each outstanding share of STAR common stock was automatically converted into 0.905 shares of the Issuer's common stock with cash paid in lieu of fractional shares.