SEC Form 4 · accession 0001140361-15-010740
KITE REALTY GROUP TRUST · KRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Daniel R Sink
Officer — Executive VP & CFO
Period of report
Mar 4, 2015
Accepted (ET)
Mar 6, 2015 · 4:24 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001286043
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1 | Mar 4, 2015 | A | 5,270 | $0.00 | A | 109,176 | D | |
| Common SharesF2 | Mar 4, 2015 | A | 6,419 | $0.00 | A | 115,595 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Limited Partnership Units of Kite Realty Group, L.P.F3 | — | holding | — | — | — | — | — | Common Shares | 15,384 | 15,384 | D |
Explanation of responses
- F1Represents an award of restricted shares which will vest over 3 years as follows: 1/3 of the total number of restricted shares vest on each anniversary of the grant date.
- F2Represents an award of restricted shares which will vest over 5 years as follows: 1/5 of the total number of restricted shares vest on each anniversary of the grant date.
- F3Common shares of benefical interest, par value $.01 per share (the "Common Shares") are issued upon the redemption and tender of Limited Partnership units ("LP Units) of Kite Realty Group, L.P. on a one for one basis. LP Units have no expiration date, and they are currently redeemable for Common Shares or cash at the election of Kite Realty Group Trust.