SEC Form 4 · accession 0001209191-16-099937
RAIT Financial Trust · RAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John J. Reyle
Officer — Senior Managing Director-CLO
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 4:38 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001045425
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares of Beneficial InterestF1 | Feb 16, 2016 | F | 2,573 | $2.56 | D | 16,760 | D | |
| Common Shares of Beneficial InterestF2 | Feb 16, 2016 | F | 1,242 | $1.98 | D | 15,518 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This forfeiture was undertaken solely to satisfy a tax withholding liability relating to the vesting of restricted share awards held by the reporting person. The reporting person made the withholding election on February 16, 2016 with respect to restricted shares that vested on January 29, 2016.
- F2This forfeiture was undertaken solely to satisfy a tax withholding liability relating to the vesting of restricted share awards held by the reporting person. The reporting person made the withholding election on February 16, 2016 with respect to restricted shares that vested on February 10, 2016.