SEC Form 4 · accession 0001209191-16-113739
RAIT Financial Trust · RAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott L.N. Davidson
Officer — President
Period of report
Apr 6, 2016
Accepted (ET)
Apr 8, 2016 · 4:18 pm EDT
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 | Apr 6, 2016 | F | 3,749 | $3.14 | D | 138,546 | 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 April 6, 2016 with respect to restricted shares that vested on March 31, 2016.