SEC Form 4 · accession 0001286043-19-000045
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 22, 2019
Accepted (ET)
Mar 6, 2019 · 5:33 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 22, 2019 | M | 15,000 | $14.24 | A | 45,929 | D | |
| Common SharesF1 | Feb 22, 2019 | F | 13,833 | $16.04 | D | 32,096 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common Share Option (right to buy)F2 | $14.24 | Feb 22, 2019 | M | 15,000 | D | Feb 22, 2014 | Feb 22, 2019 | Common Shares | 15,000 | 0 | D |
| Limited Partnership Units of Kite Realty Group, L.P.F3 | — | holding | — | — | — | — | — | Common Shares | 792,168 | 792,168 | D |
Explanation of responses
- F1Exercise of options to acquire 15,000 common shares of beneficial interest, pay value of $0.01 per share (the "Common Shares"), in Kite Realty Group Trust ("Kite"), with the disposition of 13,833 Common Shares incident to receipt for payment of the exercise price, resulting in net 1,167 Common Shares to holder.
- F215,000 options granted in 2009 vested over a 5 year period.
- F3Limited Partnership units ("LP Units") in Kite Realty Group L.P. are redeemable for an equal number of Common Shares of beneficial interest, par value of $0.01 per share, in Kite or, at the election of Kite, cash equal to the fair market value of such shares. LP units have no expiration date.