SEC Form 4 · accession 0001286043-18-000025
KITE REALTY GROUP TRUST · KRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John A Kite
Officer — Chairman & CEO · Director
Period of report
Feb 23, 2018
Accepted (ET)
Feb 27, 2018 · 4:28 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 23, 2018 | F | 2,625 | $15.04 | D | 33,087 | D | |
| Common Shares | holding | — | — | — | 2,098 | I | By Spouse |
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 23, 2018 | A | 45,212 | A | — | — | Common Shares | 45,212 | 771,559 | 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 beneficial 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.
- F3Represents the LTIP units pursuant to the Kite Realty Group Trust 2013 Equity Incentive Plan. LTIP units will vest in equal amounts on 2/22/2019, 2/22/2020, and 2/22/2021.