SEC Form 4 · accession 0001209191-16-123215
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
May 23, 2016
Accepted (ET)
May 25, 2016 · 4:21 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 Interest | May 23, 2016 | A | 161,290 | $0.00 | A | 382,588 | D | |
| Common Shares of Beneficial InterestF1 | May 23, 2016 | F | 17,469 | $3.10 | D | 365,119 | 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 May 23, 2016 with respect to restricted shares that vested on May 23, 2016.