Ned Brines - Dec 16, 2021 Form 4 Insider Report for INDEPENDENCE REALTY TRUST, INC. (IRT)

Role
Director
Signature
/s/ Jessica K. Norman, attorney-in-fact
Stock symbol
IRT
Transactions as of
Dec 16, 2021
Transactions value $
$0
Form type
4
Date filed
12/16/2021, 02:45 PM
Previous filing
Aug 13, 2021
Next filing
May 20, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IRT Common Stock Award $0 +32K $0.00 32K Dec 16, 2021 Direct F1
transaction IRT Common Stock Award $0 +1.37K $0.00 1.37K Dec 16, 2021 By SEP IRA F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As of December 16, 2021, Steadfast Apartment REIT, Inc. ("STAR") merged (the "Merger") with and into IRSTAR Sub, LLC ("IRT Merger Sub"), a wholly-owned subsidiary of Independence Realty Trust, Inc. (the "Issuer"), pursuant to the Agreement and Plan of Merger dated as of July 26, 2021, by and among the Issuer, IRT Merger Sub, Independence Realty Operating Partnership, LP, STAR and Steadfast Apartment REIT Operating Partnership, L.P. As of the effective time of the Merger, each outstanding share of STAR common stock was automatically converted into 0.905 shares of the Issuer's common stock with cash paid in lieu of fractional shares.