Thomas F. Glavin - May 6, 2021 Form 4 Insider Report for InvenTrust Properties Corp. (IVT)

Role: Director
Signature: /s/ Christy L. David, as Attorney In Fact
Stock symbol: IVT
Transactions as of: May 6, 2021
Transactions value $: $75,932
Form type: 4
Date filed: 5/7/2021, 05:17 PM
Next filing: May 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	IVT	Common Stock	Options Exercise	$75.9K	+26.3K	+19.34%	$2.89^*	162K	May 6, 2021	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	IVT	Restricted Stock Units	Options Exercise	$0	-35K	-100%	$0.00^*	0	May 6, 2021	Common Stock	35K		Direct	F1
transaction	IVT	Restricted Stock Units	Award	$0	+38.1K		$0.00	38.1K	May 6, 2021	Common Stock	38.1K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	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 6, 2021, the date of the Issuer's 2021 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.
F2	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 75% in shares of the Issuer's common stock and 25% in cash 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).

Content

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 6, 2021, the date of the Issuer's 2021 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.

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 75% in shares of the Issuer's common stock and 25% in cash 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).