InvenTrust Properties Corp. 4
4 · InvenTrust Properties Corp. · Filed Jun 23, 2015
Insider Transaction Report
Form 4
Borden J Michael
Director
Transactions
- Award
Restricted Stock Units
2015-06-19+27,500→ 27,500 total→ Common Stock (27,500 underlying)
Footnotes (1)
- [F1]Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan. The RSUs vest on the date of the Issuer's 2015 annual meeting of stockholders, subject to accelerated vesting in the event of a termination of service due to death or disability or a change in control of the Issuer. The RSUs will be settled 75% in shares of the Issuer's common stock and 25% in cash within 60 days after the vesting date (or in the event of a change in control of the Issuer, immediately preceding and effective upon such change in control).