Thomas F. Glavin - May 6, 2021 Form 4 Insider Report for InvenTrust Properties Corp. (IVT)

Role
Director
Signature
/s/ Christy L. David, as Attorney In Fact
Stock symbol
IVT
Transactions as of
May 6, 2021
Transactions value $
$75,932
Form type
4
Date filed
5/7/2021, 05:17 PM
Next filing
May 9, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IVT Common Stock Options Exercise $75.9K +26.3K +19.34% $2.89 162K May 6, 2021 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 IVT Restricted Stock Units Options Exercise $0 -35K -100% $0.00* 0 May 6, 2021 Common Stock 35K Direct F1
transaction IVT Restricted Stock Units Award $0 +38.1K $0.00 38.1K May 6, 2021 Common Stock 38.1K 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 ("RSU") represented a contingent right to receive one share of the Issuer's common stock pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan. The RSUs vested on May 6, 2021, the date of the Issuer's 2021 annual meeting of stockholders, and are to be settled 75% in shares of the Issuer's common stock and 25% in cash within 60 days after the vesting date.
F2 Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan. The RSUs vest in full on the earlier of the date of the Issuer's next annual meeting of stockholders or the first anniversary of the grant date, subject to accelerated vesting in the event of a termination of service due to death or disability or a change in control of the Issuer. The RSUs will be settled 75% in shares of the Issuer's common stock and 25% in cash within 60 days after the vesting date (or in the event of a change in control of the Issuer, immediately preceding and effective upon such change in control).