Daniel Busch - 29 Dec 2023 Form 4 Insider Report for InvenTrust Properties Corp. (IVT)

Role
President & C.E.O., Director
Signature
/s/ Christy L. David, Attorney in Fact
Issuer symbol
IVT
Transactions as of
29 Dec 2023
Net transactions value
-$356,618
Form type
4
Filing time
03 Jan 2024, 16:10:57 UTC
Previous filing
13 Mar 2023
Next filing
23 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IVT Common Stock Options Exercise +31,427 +62% 81,881 29 Dec 2023 Direct F1, F2
transaction IVT Common Stock Tax liability $356,618 -13,860 -17% $25.73 68,021 29 Dec 2023 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 -9,919 -100% $0.000000* 0 29 Dec 2023 Common Stock 9,919 Direct F1, F3
transaction IVT Restricted Stock Units Options Exercise $0 -10,118 -49% $0.000000 10,424 29 Dec 2023 Common Stock 10,118 Direct F1, F4
transaction IVT Restricted Stock Units Options Exercise $0 -11,390 -33% $0.000000 23,126 29 Dec 2023 Common Stock 11,390 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Includes 710 shares of Common Stock purchased pursuant to the InvenTrust Properties Corp. Employee Stock Purchase Plan ("ESPP"), for the purchase period of July 1, 2023 to December 31, 2023.
F3 The award has no expiration date and is fully vested.
F4 The remaining portion of this award has no expiration date and will vest on December 31, 2024.
F5 The remaining portion of this award has no expiration date and will vest as to thirty-three percent (33%) of the original award amount on December 31, 2024 and thirty-four percent (34%) of the original award amount on December 31, 2025.