SEC Form 4/A · accession 0001209191-17-015308
RAIT Financial Trust · RAS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Scott L.N. Davidson
Officer — CEO & President · Other
Period of report
Dec 23, 2016
Accepted (ET)
Feb 28, 2017 · 4:40 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 | Dec 23, 2016 | A | 255,958 | $0.00 | A | 621,077 | D | |
| Common Shares of Beneficial InterestF2,F1 | Dec 23, 2016 | F | 110,883 | $3.35 | D | 510,194 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These transactions were previously reported by a Form 4 filed on December 27, 2016. The transactions reported in the original filing were correct but the Form 4 inadvertently overstated the number of common shares directly beneficially owned by the reporting person in Column 5 of Table I by 17,469 common shares. This Form 4/A corrects the information in Column 5. A subsequent Form 4 filed on January 11, 2017 by the reporting person similarly overstated the total number of shares directly beneficially owned by the reporting person in Column 5 of Table I by 17,469 common shares and should be deemed amended by the filing of this amendment.
- F2This forfeiture was undertaken solely to satisfy a tax withholding liability relating to the terms of restricted share awards held by the reporting person. The reporting person made the withholding election on December 23, 2016 with respect to restricted shares that were awarded on December 23, 2016.