4//SEC Filing
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST 4
Accession 0001174322-13-000030
CIK 0000077281operating
Filed
Jul 28, 8:00 PM ET
Accepted
Jul 29, 5:26 PM ET
Size
15.3 KB
Accession
0001174322-13-000030
Insider Transaction Report
Form 4
RUBIN GEORGE F
DirectorVice Chairman
Transactions
- Other
Units of Class A Limited Partnership Interest
2013-06-07+100,000→ 337,567 total→ Shares of beneficial interest, par value $1.00 per share (100,000 underlying) - Other
Units of Class A Limited Partnership Interest
2013-06-07−100,000→ 69,789 total(indirect: By GRAT)→ Shares of beneficial interest, par value $1.00 per share (100,000 underlying) - Other
Units of Class A Limited Partnership Interest
2013-07-25+69,789→ 407,356 total→ Shares of beneficial interest, par value $1.00 per share (69,789 underlying) - Other
Units of Class A Limited Partnership Interest
2013-07-25−69,789→ 0 total(indirect: By GRAT)→ Shares of beneficial interest, par value $1.00 per share (69,789 underlying)
Holdings
- 86,934(indirect: By Trust)
Units of Class A Limited Partnership Interest
→ Shares of beneficial interest, par value $1.00 per share (86,934 underlying)
Footnotes (5)
- [F1]The derivative securities are units of Class A Limited Partnership Interest (the "Units") in PREIT Associates, L.P., the operating partnership of the issuer. The Units held by the reporting person are generally redeemable one year after the date of issuance, in all cases in consideration for cash equal to the contemporaneous market price of shares of beneficial interest in the issuer or, at the election of the issuer, for a like number of shares of beneficial interest in the issuer, without payment of any conversion or exercise price. The Units are currently redeemable, but have not been redeemed. The Units have no expiration date.
- [F2]This transaction involved an annuity distribution of 100,000 Units from a Grantor Retained Annuity Trust ("GRAT") for the benefit of the reporting person to the reporting person.
- [F3]The holder of these securities is a GRAT of which the reporting person is the trustee and beneficiary.
- [F4]This transaction involved a distribution of 69,789 Units from the GRAT for the benefit of the reporting person to the reporting person.
- [F5]These shares are held by the Non-QTIP Marital Trust U/W of Richard I. Rubin, a trust of which the reporting person is a trustee and a beneficiary. Mr. Rubin disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
Documents
Issuer
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST
CIK 0000077281
Entity typeoperating
IncorporatedPA
Related Parties
1- filerCIK 0000077281
Filing Metadata
- Form type
- 4
- Filed
- Jul 28, 8:00 PM ET
- Accepted
- Jul 29, 5:26 PM ET
- Size
- 15.3 KB