SEC Form 4 · accession 0001286043-15-000058
KITE REALTY GROUP TRUST · KRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas K McGowan
Officer — President & COO
Period of report
Jun 3, 2015
Accepted (ET)
Jun 5, 2015 · 4:06 pm EDT
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 SharesF2 | Jun 3, 2015 | D | 54,967 | $0.00 | D | 97,528 | 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.F2 | — | Jun 3, 2015 | A | 54,967 | A | — | — | Common Shares | 54,967 | 220,605 | D |
| Limited Partnership Units of Kite Realty Group, L.P.F2 | — | holding | — | — | — | — | — | Common Shares | 5,000 | 5,000 | I |
Explanation of responses
- F1Cancellation of unvested restricted shares that would have vested in equal amounts on 7/2/15, 7/2/16, 7/2/17, and 7/2/18 in exchange for an equal number of LTIP units of Kite Realty Group, L.P. The LTIP units were issued pursuant to the Kite Realty Group Trust 2013 Equity Incentive Plan.
- F2Limited Partnership units of Kite Realty Group, L.P. ("LP Units") are redeemable for common shares of beneficial interest of Kite Realty Group Trust (the "Company") on a one-to-one basis or, at the Company's election, the cash value thereof. The LP units have no expiration date.