Daniels Lee A 4

4 · Inland Real Estate Income Trust, Inc. · Filed Mar 16, 2022

Form 4

Period: 2020-10-02

Director

Transactions

Exercise/Conversion
Restricted Share Units
2021-06-04−248→ 435 total
Exercise: $0.00→ Common Stock (248 underlying)
Exercise/Conversion
Restricted Share Units
2020-10-02−37→ 683 total
Exercise: $0.00→ Common Stock (37 underlying)
Exercise/Conversion
Restricted Share Units
2021-06-12−186→ 249 total
Exercise: $0.00→ Common Stock (186 underlying)
Exercise/Conversion
Common Stock
2020-10-02+37→ 4,996 total
Exercise/Conversion
Common Stock
2021-06-04+248→ 5,246 total
Exercise/Conversion
Common Stock
2021-06-12+186→ 5,432 total

Footnotes (3)

[F1]The total in column 5 includes shares of common stock issued pursuant to the Company's Distribution Reinvestment Plan and/or dividend equivalents paid in Restricted Share Units (RSUs) and converted to shares of common stock upon the vesting and conversion of the RSUs.
[F2]Restricted share units (RSUs) were granted to the reporting person pursuant to the Issuer's Employee and Director Restricted Share Plan at various dates coinciding generally with the Issuer's annual meeting and reported previously on Form 4s with their respective vesting schedules. Each RSU represents the right to receive one share of the Issuer's common stock and an amount of additional stock equal to the cash value of the dividends that would have been paid to the reporting person if one share of common stock had been issued on the grant date for each RSU. These RSUs were issued for the reporting person's service as a non-employee director of the Issuer and without additional consideration.
[F3]These RSUs were settled in shares of common stock when they vested.

Documents

1 file