Company: INVH
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001687229-25-000008
Chunk: 186

Company: Invitation Homes Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 15
Chunk 186
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26 November 22, 2023160,350 Q3-2023August 8, 20230.26 August 25, 2023160,540 Q2-2023May 10, 20230.26 May 26, 2023159,493 Q1-2023February 14, 20230.26 February 28, 2023158,453 On December 11, 2024, our board of directors declared a dividend of $0.29 (actual $) per share to stockholders of record on December 26, 2024, resulting in a $176,952 dividend payment on January 17, 2025 (see Note 16). This dividend payment is accrued in other liabilities on our December 31, 2024 consolidated balance sheet.

Note 10—Share-Based Compensation

Our board of directors adopted, and our stockholders approved, the Invitation Homes Inc. 2017 Omnibus Incentive Plan (the “Omnibus Incentive Plan”) to provide a means through which to attract and retain key associates and to provide a means whereby our directors, officers, associates, consultants, and advisors can acquire and maintain an equity interest in us, or be paid incentive compensation, including incentive compensation measured by reference to the value of our common stock, and to align their interests with those of our stockholders. Under the Omnibus Incentive Plan, we may issue up to 16,000,000 shares of common stock.Our share-based awards consist of RSUs, which may be time vesting, performance based vesting, or market based vesting, and Outperformance Awards (defined below). Time-vesting RSUs are participating securities for EPS purposes, and PRSUs and Outperformance Awards are not.Share-Based AwardsThe following summarizes our share-based award activity during the years ended December 31, 2024, 2023, and 2022.Annual Long Term Incentive Plan (“LTIP”):•Annual LTIP Awards Granted: During the years ended December 31, 2024, 2023, and 2022, we granted 810,615, 776,492, and 640,107, RSUs, respectively, pursuant to LTIP awards. Each award includes components which vest based on time-vesting conditions, market based vesting conditions, and performance based vesting conditions, each of which is subject to continued