4//SEC Filing
RAIT Financial Trust 4
Accession 0001209191-08-046520
CIK 0001045425operating
Filed
Aug 10, 8:00 PM ET
Accepted
Aug 11, 4:12 PM ET
Size
7.4 KB
Accession
0001209191-08-046520
Insider Transaction Report
Form 4
BROWN EDWARD S
Other
Transactions
- Award
Common Shares of Beneficial Interest
2008-08-07+3,561→ 24,228 total
Holdings
- 10,000(indirect: By Partnership)
Common Shares of Beneficial Interest
Footnotes (3)
- [F1]These common shares underlie the equivalent number of units, or phantom units, granted to the reporting person. These units vested on the date of grant, may not be settled in cash and are redeemable automatically in common shares on a one-for-one basis on the earliest to occur of (i) the first anniversary of the date of grant or (ii) the reporting person's termination of service with the issuer.
- [F2]This amount includes 7,825 common shares underlying the equivalent number of phantom units and phantom shares.
- [F3]The sole limited partners of this limited partnership are trusts for the benefit of the children of the reporting person. The sole general partner of this limited partnership is a limited liability company whose sole members are these trusts and whose sole manager is an individual who is not a member of the reporting person's family. None of the reporting person's children share the reporting person's household at this time. The reporting person disclaims beneficial ownership of these common shares, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such common shares for purposes of Section 16 or for any other purpose.
Documents
Issuer
RAIT Financial Trust
CIK 0001045425
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001045425
Filing Metadata
- Form type
- 4
- Filed
- Aug 10, 8:00 PM ET
- Accepted
- Aug 11, 4:12 PM ET
- Size
- 7.4 KB