Lee A. Daniels - Jun 21, 2022 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
Jun 21, 2022
Transactions value $
$0
Form type
4
Date filed
6/23/2022, 01:04 PM
Previous filing
Dec 6, 2021
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 Options Exercise $0 +255 +3.8% $0.00 6.97K Jun 21, 2022 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 n/a Restricted Share Units Options Exercise $0 -255 -100% $0.00* 0 Jun 21, 2022 Common Stock 255 $0.00 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The total in column 5 includes shares of common stock issued pursuant to the Company's Distribution Reinvestment Plan and/or dividend equivalents paid in Restricted Share Units (RSUs) and converted to shares of common stock upon the vesting and conversion of the RSUs.
F2 Restricted share units (RSUs) were granted to the reporting person pursuant to the Issuer's Employee and Director Restricted Share Plan and reported previously on Form 4. Each RSU represented the right to receive one share of the Issuer's common stock and an amount of additional stock equal to the cash value of the dividends that would have been paid to the reporting person if one share of common stock had been issued on the grant date for each RSU. These RSUs were issued for the reporting person's service as a non-employee director of the Issuer and without additional consideration.
F3 These RSUs have been settled in shares of common stock following their vesting.