Form 4 for IVT InvenTrust Properties Corp.
Accepted 2022-05-09 00:00:00 ET · period of report 2022-05-05 · accession 0001307748-22-000072 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2022-05-09 | 2022-05-05 | IVT | Glavin Thomas F | Dir | M - OptEx | $0.00 | +2,855 | 19.1K | +18% | $0 |
| D | 2022-05-09 | 2022-05-05 | IVT | Glavin Thomas F | Dir | A - Grant | $0.00 | +3,957 | 3,957 | New | $0 |
| D | 2022-05-09 | 2022-05-05 | IVT | Glavin Thomas F | Dir | M - OptEx | $0.00 | -2,855 | 0 | -100% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2022-05-05 | M | A | 2,855 | $0.00 | 19,068 | D | — | — | (F1) On August 5, 2021, the Issuer effected a 1-for-10 reverse stock split of its common stock (the "Reverse Stock Split"). The amount of securities reported on this Form 4 have been adjusted to reflect the Reverse Stock Split. |
| 2 | Derivative | Restricted Stock Units | 2022-05-05 | A | A | 3,957 | $0.00 | 3,957 | D | — · — to — | 3,957 Common Stock | (F3) Each Restricted Stock Unit ("RSU") represents a contingent right to receive one share of the Issuer's common stock pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan. The RSUs vest in full on the earlier of the date of the Issuer's next annual meeting of stockholders or the first anniversary of the grant date, subject to accelerated vesting in the event of a termination of service due to death or disability or 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 (or in the event of a change in control of the Issuer, immediately preceding and effective upon such change in control). |
| 3 | Derivative | Restricted Stock Units | 2022-05-05 | M | D | 2,855 | $0.00 | 0 | D | — · — to — | 2,855 Common Stock | (F2) Each Restricted Stock Unit ("RSU") represented a contingent right to receive one share of the Issuer's common stock pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan. The RSUs vested on May 5, 2022, the date of the Issuer's 2015 annual meeting of stockholders, and are to be settled 75% in shares of the Issuer's common stock and 25% in cash within 60 days after the vesting date. |