McGuinness Thomas P 4
4 · InvenTrust Properties Corp. · Filed May 10, 2018
Insider Transaction Report
Form 4
McGuinness Thomas P
President & CEO
Transactions
- Award
Common Stock
2018-05-10+557,325→ 1,616,736.694 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 31, 2018, thirty-three percent (33%) of the RSUs will vest on December 31, 2019 and the remaining thirty-four percent (34%) of the RSUs will vest on December 31, 2020, 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.