SEC Form 4 · accession 0001209191-15-055773
InvenTrust Properties Corp. · IVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jack Potts
Officer — See Remarks
Period of report
Jun 19, 2015
Accepted (ET)
Jun 23, 2015 · 9:11 pm EDT
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 | Jun 19, 2015 | A | 150,000 | $0.00 | A | 150,000 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects an award of Restricted Stock Units ("RSUs") in the Issuer pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan. Thirty-three percent (33%) of these units will vest on December 31, 2015, thirty-three percent (33%) of these units will vest on December 31, 2016, and the remaining thirty-four percent (34%) of these units will vest on December 31, 2017, subject to accelerated vesting in the event of a termination of employment (i) due to death or disability, or (ii) by the Issuer without cause or by the holder for good reason, each within 24 months following a change in control of the Issuer. The RSUs will be settled in shares of the Issuer's common stock, within 60 days after the vesting date.
Remarks
Executive Vice President, Chief Financial Officer and Treasurer Exhibit List: Exhibit 24 - Power of Attorney