Bernard J. Michael - Dec 2, 2021 Form 4 Insider Report for Inland Real Estate Income Trust, Inc. (n/a)

Role
Director
Signature
/s/ Cathleen M. Hrtanek, Attorney-in-Fact
Stock symbol
n/a
Transactions as of
Dec 2, 2021
Transactions value $
$0
Form type
4
Date filed
12/6/2021, 01:37 PM
Next filing
Nov 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction n/a Common Stock Award $0 +1.11K +29.46% $0.00 4.86K Dec 2, 2021 Direct F1, F2
* 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.
F2 Includes shares of common stock acquired through the Issuer's distribution reinvestment plan (DRP), including 55 shares acquired through the DRP since the reporting person's last Form 4 filing.