Scott Schaeffer - 07 Feb 2023 Form 4 Insider Report for INDEPENDENCE REALTY TRUST, INC. (IRT)

Signature
Jessica K. Norman
Issuer symbol
IRT
Transactions as of
07 Feb 2023
Transactions value $
-$562,257
Form type
4
Filing time
09 Feb 2023, 16:35:43
Previous filing
04 Jan 2023
Next filing
03 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRT Common Stock Award $0 +149K +28.42% $0.00 672K 07 Feb 2023 Direct F1
transaction IRT Common Stock Award $0 +37.5K +5.57% $0.00 710K 07 Feb 2023 Direct
transaction IRT Common Stock Tax liability -$562K -29.3K -4.12% $19.21 680K 07 Feb 2023 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares acquired relate to performance shares units for which performance outcomes were certified on 2/7/23. These shares vest 50% on 2/7/23 and 50% on 1/1/24.
F2 This forfeiture was undertaken solely to satisfy a tax withholding liability related to the vesting of stock held by the reporting person.