InvenTrust Properties Corp. 4
4 · InvenTrust Properties Corp. · Filed May 3, 2017
Insider Transaction Report
Form 4
Jaworski Adam M
SVP/Chief Accounting Officer
Transactions
- Award
Common Stock
2017-05-01+66,794→ 115,687 total
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. Thirty-three percent (33%) of the RSUs will vest on December 29, 2017, thirty-three percent (33%) of the RSUs will vest on December 31, 2018 and the remaining thirty-four percent (34%) of the RSUs will vest on December 31, 2019, subject to the officer's continued service on each applicable vesting date. The RSUs are 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.