Stephen L. Davis - 08 Nov 2022 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
08 Nov 2022
Net transactions value
$0
Form type
4
Filing time
10 Nov 2022, 11:10:16 UTC
Previous filing
06 May 2022
Next filing
14 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction INRE Common Stock Award $0 +1,188 +22% $0.000000 6,536 08 Nov 2022 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 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.