SEC Form 4 · accession 0001528985-18-000002
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 12, 2018
Accepted (ET)
Jun 13, 2018 · 4:00 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 12, 2018 | A | 559 | $0.00 | A | 2,044 | D |
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 12, 2019, June 12, 2020 and June 12, 2021, 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 or termination of the reporting person's service to the Issuer by reason of death or disability.