SEC Form 4 · accession 0001209191-15-055779
InvenTrust Properties Corp. · IVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott W Wilton
Officer — See Remarks
Period of report
Jun 19, 2015
Accepted (ET)
Jun 23, 2015 · 9:18 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 | 125,000 | $0.00 | A | 128,351 | D | |
| Common StockF2,F3 | holding | — | — | — | 677 | I | See Footnote |
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.
- F2Includes 69.6224 shares acquired between January 1, 2009 and June 19, 2015 under the Issuer's dividend reinvestment plan.
- F3Represents shares of the Issuer's common stock owned by Mr. Wilton's spouse through her individual IRA.
Remarks
Executive Vice President, General Counsel and Secretary Exhibit List: Exhibit 24 - Power of Attorney