SEC Form 4 · accession 0000899243-15-009882
InvenTrust Properties Corp. · IVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paula Saban
Director
Period of report
Dec 15, 2015
Accepted (ET)
Dec 15, 2015 · 5:27 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001307748
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 15, 2015 | M | 20,625 | — | A | 20,625 | I | Through the Paula J. Saban Living Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Dec 15, 2015 | M | 27,500 | D | — | — | Common Stock | 27,500 | 0 | D |
Explanation of responses
- F1Each 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 December 15, 2015, the date of the Issuer's 2015 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.
- F2The reporting person and her spouse are trustees and beneficiaries of the Paula J. Saban Living Trust, which is the record holder of these securities.
Remarks
Exhibit List: Exhibit 24 - Power of Attorney