Mitrikov Plamen 4
4 · RAIT Financial Trust · Filed Jan 28, 2010
Insider Transaction Report
Form 4
Mitrikov Plamen
Executive Vice President
Transactions
- Award
Common Shares of Beneficial Interest
2010-01-26+160,000→ 272,780 total
Footnotes (2)
- [F1]These common shares underlie the equivalent number of units, or phantom units, granted to the reporting person. 50% of these units vest immediately on the grant date, 01/26/2010, and the remaining 50% of these units vest on the first anniversary of the grant date, 01/26/2011. These phantom units are redeemable automatically in common shares on a one-for-one basis on the earliest to occur of (i) the first anniversary of the applicable vesting date, and (ii) the date of death of the reporting person. These units may not be settled in cash.
- [F2]This amount includes 160,000 common shares underlying the equivalent number of phantom units.