Thomas F. Glavin - 07 May 2024 Form 4 Insider Report for InvenTrust Properties Corp. (IVT)
- Role
- Director
- Signature
- /s/ Christy L. David, Attorney in Fact
- Issuer symbol
- IVT
- Transactions as of
- 07 May 2024
- Net transactions value
- $0
- Form type
- 4
- Filing time
- 09 May 2024, 16:24:24 UTC
- Previous filing
- 05 May 2023
- Next filing
- 08 May 2025
- 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 | $0 | +5,325 | +24% | $0.000000 | 27,361 | 07 May 2024 | 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 | -5,325 | -100% | $0.000000* | 0 | 07 May 2024 | Common Stock | 5,325 | Direct | F2 | |
| transaction | IVT | Restricted Stock Units | Award | $0 | +4,829 | $0.000000 | 4,829 | 07 May 2024 | Common Stock | 4,829 | Direct | F3 |
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | Mr. Glavin and his spouse share voting and dispositive power over an additional 2,535 shares. |
| 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, as amended. The RSUs vested on May 7, 2024, the date of the Issuer's 2024 annual meeting of stockholders. |
| 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, as amended. 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 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). |