SEC Form 4 · accession 0001286043-17-000018
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
Feb 15, 2017
Accepted (ET)
Feb 17, 2017 · 4:36 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 | Feb 16, 2017 | F | 413 | $23.22 | D | 68,940 | D | |
| Common Shares | holding | — | — | — | 1,000 | I | By Children | |
| Common Shares | holding | — | — | — | 1,250 | I | By Parent |
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,F2 | — | Feb 15, 2017 | A | 7,751 | A | — | — | Common Shares | 7,751 | 67,936 | D |
Explanation of responses
- F1The disposition represents the surrender of common shares to fund income taxes due upon the vesting of restricted shares.
- F2Common 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 electio nof Kite Realty Group Trust.
- F3Represents the LTIP units pursuant to the Kite Realty Group Trust 2013 Equity Incentive Plan. LTIP units will vest in equal amounts on 2/15/2018, 2/15/2019, and 2/15/2020.