InvenTrust Properties Corp. 4
4 · InvenTrust Properties Corp. · Filed Jun 5, 2017
Insider Transaction Report
Form 4
Borden J Michael
Director
Transactions
- Exercise/Conversion
Common Stock
2017-06-01+26,274→ 142,172.554 total - Award
Restricted Stock Units
2017-06-01+33,435→ 33,435 total→ Common Stock (33,435 underlying) - Exercise/Conversion
Restricted Stock Units
2017-06-01−48,964→ 0 total→ Common Stock (48,964 underlying) - Exercise/Conversion
Common Stock
2017-06-01+10,449→ 152,621.554 total
Holdings
- 6,858.01(indirect: By Spouse)
Common Stock
Footnotes (2)
- [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 vested in full on June 1, 2017 and will be settled 75% in shares of the Issuer's common stock and 25% in cash within 60 days after the vesting date.
- [F2]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 earlier of (i) the date of the next annual meeting of the Issuer's stockholders following the grant date or (ii) the first anniversary of the grant date, subject to the director's continued service on the vesting date. The RSUs are 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).