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 | +34.5K | +113.31% | $0.00 | 65K | Feb 22, 2023 | Common Stock | 34.5K | Direct | F1 |
Id | Content |
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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. |