Black Amanda Elizabeth 4
4 · InvenTrust Properties Corp. · Filed May 9, 2022
Insider Transaction Report
Form 4
Black Amanda Elizabeth
Director
Transactions
- Award
Restricted Stock Units
2022-05-05+3,957→ 3,957 total→ Common Stock (3,957 underlying) - Exercise/Conversion
Common Stock
2022-05-05+2,855→ 9,424 total - Exercise/Conversion
Restricted Stock Units
2022-05-05−3,806→ 0 total→ Common Stock (3,806 underlying)
Footnotes (3)
- [F1]On August 5, 2021, the Issuer effected a 1-for-10 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split.
- [F2]Each Restricted Stock Unit ("RSU") represented 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 on May 5, 2022, the date of the Issuer's 2022 annual meeting of stockholders, and are to be settled 75% in shares of the Issuer's common stock and 25% in cash within 60 days after the vesting date.
- [F3]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 in shares of the Issuer's common stock 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).