X0306 4 2019-12-13 0 0001687229 Invitation Homes Inc. INVH 0001208588 CAPLAN KENNETH A C/O THE BLACKSTONE GROUP INC. 345 PARK AVENUE NEW YORK NY 10154 1 0 0 0 Common Stock 2019-12-13 4 J 0 28084 A 76612 D Common Stock 2019-12-16 4 G 0 32035 0.00 D 44577 D Represents a distribution to the Reporting Person of shares of common stock of the issuer previously held directly by IH1 Holdco L.P., IH2-A Holdco L.P., IH3 Holdco L.P., IH4 Holdco L.P., IH5 Holdco L.P. and IH6 Holdco L.P., affiliates of Blackstone (as defined below), in relation to his indirect interests in such entities. Reflects a gift to a charitable foundation. Mr. Caplan, an employee of The Blackstone Group Inc. ("Blackstone") or one of its affiliates, is a member of the board of directors of the issuer. Certain affiliates of Blackstone have filed separate Section 16 reports reporting securities of the issuer that they may be deemed to beneficially own. Mr. Caplan disclaims beneficial ownership of any securities of the issuer that may be deemed to be beneficially owned by affiliates of Blackstone. /s/ Kenneth A. Caplan 2019-12-17