Stephen L. Davis - 02 Dec 2021 Form 4 Insider Report for Inland Real Estate Income Trust, Inc. (INRE)

Role: Director
Signature: /s/ Cathleen M. Hrtanek, Attorney-in-Fact
Issuer symbol: INRE
Transactions as of: 02 Dec 2021
Net transactions value: $0
Form type: 4
Filing time: 06 Dec 2021, 13:18:08 UTC
Next filing: 06 May 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	INRE	Common Stock	Award	$0	+1,106	+26%	$0.000000	5,348	02 Dec 2021	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Shares of common stock were granted to the reporting person under the Issuer's Employee and Director Restricted Share Plan. These shares were issued on account of the reporting person's service as a non-employee director of the Issuer and without additional consideration. The shares become vested in equal installments of 33-1/3% on December 2, 2022, December 2, 2023 and December 2, 2024, subject to the reporting person's continued service to the Issuer; provided that 100% of any then unvested shares becomes fully vested upon the consummation of a liquidity event or termination of the reporting person's service to the Issuer by reason of death or disability.

Content

Shares of common stock were granted to the reporting person under the Issuer's Employee and Director Restricted Share Plan. These shares were issued on account of the reporting person's service as a non-employee director of the Issuer and without additional consideration. The shares become vested in equal installments of 33-1/3% on December 2, 2022, December 2, 2023 and December 2, 2024, subject to the reporting person's continued service to the Issuer; provided that 100% of any then unvested shares becomes fully vested upon the consummation of a liquidity event or termination of the reporting person's service to the Issuer by reason of death or disability.