JULIAN E. WHITEHURST - 04 May 2023 Form 4 Insider Report for InvenTrust Properties Corp. (IVT)

Role
Director
Signature
/s/ Christy L. David, as Attorney In Fact
Issuer symbol
IVT
Transactions as of
04 May 2023
Transactions value $
$0
Form type
4
Filing time
05 May 2023, 16:16:41 UTC
Previous filing
09 May 2022
Next filing
09 May 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IVT Common Stock Options Exercise $0 +2,968 +17.4% $0 20,026 04 May 2023 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction IVT Restricted Stock Units Options Exercise $0 -3,957 -100% $0* 0 04 May 2023 Common Stock 3,957 Direct F1
transaction IVT Restricted Stock Units Award $0 +5,325 $0 5,325 04 May 2023 Common Stock 5,325 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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 4, 2023, the date of the Issuer's 2023 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.
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 in full on the earlier of the date of the Issuer's next annual meeting of stockholders or the first anniversary of the grant date, 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 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).