InvenTrust EVP Granted 3,484 Restricted Stock Units
Suva Lauren reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Suva Lauren reported acquisition or exercise transactions in this Form 4 filing.
InvenTrust Properties Corp. granted EVP and Chief Administrative Officer Lauren Suva 3,484 restricted stock units (RSUs) of common stock. These RSUs were awarded under the InvenTrust Properties Corp. 2015 Incentive Award Plan, as amended, as part of her equity-based compensation.
According to the vesting schedule, 33% of the RSUs will vest on December 31, 2026, another 33% will vest on December 31, 2027, and the remaining 34% will vest on December 31, 2028. The units may vest earlier if her employment ends under certain change-in-control conditions, and vested RSUs will be settled in shares of common stock within 60 days after each vesting date.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 3,484 | $0.00 | $0.00 |
Footnotes (1)
- F1. Reflects an award of Restricted Stock Units ("RSUs") in the Issuer pursuant to the InvenTrust Properties Corp. 2015 Incentive Award Plan, as amended. Thirty-three percent (33%) of these units will vest on December 31, 2026, thirty-three percent (33%) of these units will vest on December 31, 2027 and the remaining thirty-four percent (34%) of these units will vest on December 31, 2028, subject to accelerated vesting in the event of a termination of employment (i) due to death or disability or (ii) by the Issuer without cause or by the holder for good reason, each within 24 months following 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.
FAQ
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What did InvenTrust Properties Corp. (IVT) report for Lauren Suva in this Form 4?
How many restricted stock units did IVT grant to executive Lauren Suva?
What is the vesting schedule for Lauren Suva’s 3,484 IVT restricted stock units?
Under what conditions can Lauren Suva’s IVT restricted stock units vest early?
How will Lauren Suva’s InvenTrust RSUs be settled once they vest?
Which compensation plan governs Lauren Suva’s IVT restricted stock unit grant?
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