Scott Schaeffer - Feb 7, 2023 Form 4 Insider Report for INDEPENDENCE REALTY TRUST, INC. (IRT)

Role
Chair of Board & CEO, Director
Signature
Jessica K. Norman
Stock symbol
IRT
Transactions as of
Feb 7, 2023
Transactions value $
-$562,257
Form type
4
Date filed
2/9/2023, 04:35 PM
Previous filing
Jan 4, 2023
Next filing
Mar 3, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRT Common Stock Award $0 +149K +28.42% $0.00 672K Feb 7, 2023 Direct F1
transaction IRT Common Stock Award $0 +37.5K +5.57% $0.00 710K Feb 7, 2023 Direct
transaction IRT Common Stock Tax liability -$562K -29.3K -4.12% $19.21 680K Feb 7, 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired relate to performance shares units for which performance outcomes were certified on 2/7/23. These shares vest 50% on 2/7/23 and 50% on 1/1/24.
F2 This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person.