SEC Form 4 · accession 0001209191-15-055767
InvenTrust Properties Corp. · IVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
J Michael Borden
Director
Period of report
Jun 19, 2015
Accepted (ET)
Jun 23, 2015 · 8:47 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001307748
Table I — non-derivative securities
No Table I lines on this filing.
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 | — | Jun 19, 2015 | A | 27,500 | A | — | — | Common Stock | 27,500 | 27,500 | D |
Explanation of responses
- F1Each 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 date of the Issuer's 2015 annual meeting of stockholders, 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 75% in shares of the Issuer's common stock and 25% in cash 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).
Remarks
Exhibit List: Exhibit 24 - Power of Attorney