SEC Form 4/A · accession 0001307748-16-000076
InvenTrust Properties Corp. · IVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Anna N Fitzgerald
Officer — EVP, Chief Accounting Officer
Period of report
May 6, 2016
Accepted (ET)
May 10, 2016 · 8:51 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,F2 | May 6, 2016 | A | 95,542 | $0.00 | A | 164,992 | 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 (the "Plan"). Thirty-three percent (33%) of these units will vest on December 31, 2016, thirty-three percent (33%) of these units will vest on December 31, 2017 and the remaining thirty-four percent (34%) of these units will vest on December 31, 2018, 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 5,761 RSUs in the Issuer that were issued pursuant to the Plan. Such RSUs were issued on May 6, 2016 in connection with the spin-off of Highlands REIT, Inc. pursuant to the adjustment provisions of the Plan. These shares were omitted from the reporting person's original Form 4 filed on May 10, 2016.