RAIT Financial Trust 4
4 · RAIT Financial Trust · Filed Aug 11, 2008
Insider Transaction Report
Form 4
Stempel Murray III
Other
Transactions
- Award
Common Shares of Beneficial Interest
2008-08-07+3,561→ 32,998 total
Footnotes (2)
- [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 7,377 common shares underlying the equivalent number of phantom units.