SEC Form 4 · accession 0001528985-16-000003
Inland Real Estate Income Trust, Inc. · INRE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gwen Henry
Director
Period of report
Jun 16, 2016
Accepted (ET)
Jun 20, 2016 · 4:48 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001528985
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jun 16, 2016 | A | 1,109 | $0.00 | A | 1,109 | D | |
| Common StockF1 | Jun 16, 2016 | P$0 | 0 | $0.00 | A | 902 | I | Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares of common stock were granted to the reporting person under the Issuer's Employee and Director Restricted Share Plan. These shares were issued on account of the reporting person's service as a non-employee director of the Issuer and without additional consideration. The shares become vested in equal installments of 33-1/3% on June 16, 2017, June 16, 2018 and June 16, 2019, subject to the reporting person's continued service to the Issuer; provided that 100% of any then unvested shares becomes fully vested upon the consummation of a liquidity event. Gwen Henry's spouse (Chester M. Henry purchase purchased 500 shares on 5/9/13, purchased 277.778 shares on 6/8/15, and 124.69 shares through the distribution reinvestment program totaling 902.4680 shares.