SEC Form 4 · accession 0001307748-18-000120
InvenTrust Properties Corp. · IVT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christy Lynn David
Officer — EVP, General Counsel & Sec.
Period of report
Nov 6, 2018
Accepted (ET)
Nov 8, 2018 · 10:53 am EST
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 | — | Nov 6, 2018 | A | 45,780 | A | — | — | Common Stock | 45,780 | 139,491 | D |
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, 2018, thirty-three percent (33%) of these units will vest on December 31, 2019 and the remaining thirty-four percent (34%) of these units will vest on December 31, 2020, 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.