Daniel Busch - Dec 29, 2023 Form 4 Insider Report for InvenTrust Properties Corp. (IVT)

Role
President & C.E.O., Director
Signature
/s/ Christy L. David, Attorney in Fact
Stock symbol
IVT
Transactions as of
Dec 29, 2023
Transactions value $
-$356,618
Form type
4
Date filed
1/3/2024, 04:10 PM
Previous filing
Mar 13, 2023
Next filing
Feb 23, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction IVT Common Stock Options Exercise +31.4K +62.29% 81.9K Dec 29, 2023 Direct F1, F2
transaction IVT Common Stock Tax liability -$357K -13.9K -16.93% $25.73 68K Dec 29, 2023 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 -9.92K -100% $0.00* 0 Dec 29, 2023 Common Stock 9.92K Direct F1, F3
transaction IVT Restricted Stock Units Options Exercise $0 -10.1K -49.26% $0.00 10.4K Dec 29, 2023 Common Stock 10.1K Direct F1, F4
transaction IVT Restricted Stock Units Options Exercise $0 -11.4K -33% $0.00 23.1K Dec 29, 2023 Common Stock 11.4K Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 Includes 710 shares of Common Stock purchased pursuant to the InvenTrust Properties Corp. Employee Stock Purchase Plan ("ESPP"), for the purchase period of July 1, 2023 to December 31, 2023.
F3 The award has no expiration date and is fully vested.
F4 The remaining portion of this award has no expiration date and will vest on December 31, 2024.
F5 The remaining portion of this award has no expiration date and will vest as to thirty-three percent (33%) of the original award amount on December 31, 2024 and thirty-four percent (34%) of the original award amount on December 31, 2025.