InvenTrust Properties Corp. 4
4 · InvenTrust Properties Corp. · Filed May 10, 2016
Insider Transaction Report
Form 4
Borden J Michael
Director
Transactions
- Award
Restricted Stock Units
2016-05-06+35,032→ 35,032 total→ Common Stock (35,032 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 next 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).