Document/ExhibitDescriptionPagesSize 1: 8-K Current Report HTML 30K
2: EX-99.1 Miscellaneous Exhibit HTML 14K
6: R1 Cover HTML 47K
9: XML IDEA XML File -- Filing Summary XML 11K
7: XML XBRL Instance -- irt-20230313_htm XML 15K
8: EXCEL IDEA Workbook of Financial Reports XLSX 8K
4: EX-101.LAB XBRL Labels -- irt-20230313_lab XML 69K
5: EX-101.PRE XBRL Presentations -- irt-20230313_pre XML 34K
3: EX-101.SCH XBRL Schema -- irt-20230313 XSD 10K
10: JSON XBRL Instance as JSON Data -- MetaLinks 12± 17K
11: ZIP XBRL Zipped Folder -- 0001466085-23-000051-xbrl Zip 19K
(Address
of Principal Executive Office) (Zip Code)
(i267) i270-4800
(Registrant’s telephone number, including area code)
N/A
Former name or former address, if changed since last report
_____________________________________________
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
io
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
io
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
io
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
io
Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
iCommon
stock
iIRT
iNYSE
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company io
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of
the Exchange Act. o
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On March 13, 2023, Independence Realty Trust, Inc. (the “Company”) and Farrell Ender, the
Company’s President, agreed that Mr. Ender will resign from employment with the Company, effective May 1, 2023. Mr. Ender’s resignation is not because of a disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
Mr. Ender’s resignation will constitute a resignation with Good Reason (as defined in his employment agreement with the Company) and will therefore entitle him to (i) accelerated vesting of his time-based restricted share units, (ii) pro-rata vesting of his performance share
units (based on actual corporate performance), and (iii) severance pay and benefits, in each case in accordance with his pre-existing employment and performance share unit award agreements (and in each case subject to his execution of a release of claims).The applicable equity award forms and Mr. Ender’s employment agreement were filed as Exhibits 10.16, 10.19 and 10.26 to the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2022 (filed with the Securities and Exchange Commission on February 23, 2023).
In connection with Mr. Ender’s cessation of service, Scott Schaeffer, the Company’s
Chief Executive Officer and the Chairman of its Board of Directors, has been appointed to also serve as the Company’s President.Biographical information for Mr. Schaeffer is set forth in the Company’s 2022 definitive proxy statement on Schedule 14A, filed with the Securities and Exchange Commission on March 18, 2022, and such biographical information is incorporated herein by reference. No family relationship exists between Mr. Schaeffer and any of the Company’s directors or executive officers. There are no arrangements or understandings between Mr. Schaeffer and any
other person pursuant to which Mr. Schaeffer was selected as an officer of the Company, nor are there any transactions to which the Company is or was a participant and in which Mr. Schaeffer had or will have a direct or indirect material interest subject to disclosure under Item 404(a) of Regulation S-K.
Cover Page Interactive Data File (embedded within the Inline XBRL document).
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.