Bernard J. Michael - Nov 8, 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: Nov 8, 2022
Transactions value $: $0
Form type: 4
Date filed: 11/10/2022, 11:03 AM
Previous filing: Dec 6, 2021
Next filing: Nov 9, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	N/A	Common Stock	Award	$0	+1.19K	+23.78%	$0.00	6.18K	Nov 8, 2022	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 November 8, 2023, November 8, 2024 and November 8, 2025, 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 135 shares acquired through the DRP since the reporting person's last Form 4 filing.

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 November 8, 2023, November 8, 2024 and November 8, 2025, 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.

Includes shares of common stock acquired through the Issuer's distribution reinvestment plan (DRP), including 135 shares acquired through the DRP since the reporting person's last Form 4 filing.