Michael Douglas Phillips - Feb 22, 2023 Form 4 Insider Report for InvenTrust Properties Corp. (IVT)

Signature
/s/ Christy L. David, as Attorney In Fact
Stock symbol
IVT
Transactions as of
Feb 22, 2023
Transactions value $
$0
Form type
4
Date filed
2/24/2023, 04:13 PM
Previous filing
Jan 3, 2023
Next filing
Mar 13, 2023

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 Award $0 +14.8K +132.32% $0.00 26K Feb 22, 2023 Common Stock 14.8K Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an award of Restricted Stock Units ("RSUs") in the Issuer pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan. Thirty-three percent (33%) of these units will vest on December 31, 2023, thirty-three percent (33%) of these units will vest on December 31, 2024 and the remaining thirty-four percent (34%) of these units will vest on December 31, 2025, subject to accelerated vesting in the event of a termination of employment (i) due to death or disability or (ii) by the Issuer without cause or by the holder for good reason, each within 24 months following 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.