Stein Michael A - May 5, 2022 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 5, 2022
Transactions value $
$0
Form type
4
Date filed
5/9/2022, 05:02 PM
Previous filing
Feb 7, 2022
Next filing
May 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IVT Common Stock Options Exercise $0 +2.86K +24.31% $0.00 14.6K May 5, 2022 Direct F1

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 -2.86K -100% $0.00* 0 May 5, 2022 Common Stock 2.86K Direct F2
transaction IVT Restricted Stock Units Award $0 +3.96K $0.00 3.96K May 5, 2022 Common Stock 3.96K Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On August 5, 2021, the Issuer effected a 1-for-10 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
F2 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 5, 2022, the date of the Issuer's 2015 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.
F3 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 on the earlier of (i) the date of the next annual meeting of the Issuer's stockholders following the grant date or (ii) the first anniversary of the grant date, subject to the director's continued service on the vesting date. The RSUs are 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 in shares of the Issuer's common stock 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).