SEC Form 4 · accession 0001209191-16-101921
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 22, 2016
Accepted (ET)
Feb 24, 2016 · 4:26 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 Interest | Feb 22, 2016 | A | 15,000 | $0.00 | A | 30,518 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Share Appreciation RightF1 | $2.38 | Feb 22, 2016 | A | 37,500 | A | — | Feb 22, 2021 | Common Shares of Beneficial Interest | 37,500 | 37,500 | D |
Explanation of responses
- F1These share appreciation rights vest in three equal annual installments beginning on February 22, 2017.