SEC Form 4 · accession 0001690012-19-000004
InPoint Commercial Real Estate Income, Inc. · ICR-PA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Cynthia Foster
Director
Period of report
Jan 7, 2019
Accepted (ET)
Jan 8, 2019 · 3:21 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001690012
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class P Common StockF1 | Jan 7, 2019 | A | 400 | $0.00 | A | 4,800 | 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 Independent Director Restricted Share Plan. These shares were issued on account of the reporting person's service as an independent director of the Issuer and without additional consideration. The shares become vested in equal installments of 33-1/3% on January 7, 2020, January 7, 2021 and January 7, 2022, 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 the reporting person's death or disability.