Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | IRT | Common Stock | Award | $0 | +50.7K | $0.00 | 50.7K | Dec 16, 2021 | Direct | F1 |
Id | Content |
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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. |