InvenTrust Properties Corp. 4/A
4/A · InvenTrust Properties Corp. · Filed May 10, 2016
Insider Transaction Report
Form 4/AAmended
Fitzgerald Anna N
Principal Accounting Officer
Transactions
- Award
Common Stock
2016-05-06+95,542→ 164,992 total
Footnotes (2)
- [F1]Reflects an award of Restricted Stock Units ("RSUs") in the Issuer pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan (the "Plan"). Thirty-three percent (33%) of these units will vest on December 31, 2016, thirty-three percent (33%) of these units will vest on December 31, 2017 and the remaining thirty-four percent (34%) of these units will vest on December 31, 2018, subject to accelerated vesting in the event of a termination of employment (i) due to death or disability or (ii) by the Issuer without cause or by the holder for good reason, each within 24 months following a change in control of the Issuer. The RSUs will be settled in shares of the Issuer's common stock within 60 days after the vesting date.
- [F2]Includes 5,761 RSUs in the Issuer that were issued pursuant to the Plan. Such RSUs were issued on May 6, 2016 in connection with the spin-off of Highlands REIT, Inc. pursuant to the adjustment provisions of the Plan. These shares were omitted from the reporting person's original Form 4 filed on May 10, 2016.