RAIT INVESTMENT TRUST 4
4 · RAIT INVESTMENT TRUST · Filed Dec 13, 2006
Insider Transaction Report
Form 4
Salmon Jack
CFO & Treasurer
Transactions
- Award
Common Shares of Beneficial Interest
2006-12-11+116,017→ 116,017 total
Footnotes (1)
- [F1]Received in exchange for 215,285 Taberna Realty Finance Trust ("Taberna") common shares ("Taberna Common Shares") in connection with the merger (the "Merger") of Taberna into a subsidiary of RAIT Investment Trust ("RAIT"). In the Merger, each Taberna Common Share was exchanged for 0.5389 of a RAIT common share of beneficial interest (a "RAIT Common Share"). On the effective date of the Merger, the closing price of a RAIT Common Share was $34.37 per share.