Salmon Jack 4

4 · RAIT Financial Trust · Filed Jun 2, 2011

Form 4

Period: 2011-06-02

CFO & Treasurer

Transactions

Sale
7.75% Series A Cumulative Redeemable Preferred Shares
2011-06-02$21.82/sh−1,000$21,823→ 0 total
Sale
Common Shares of Beneficial Interest
2011-06-02$2.12/sh−1,400$2,974→ 238,921 total
Sale
8.875% Series C Cumulative Redeemable Preferred Shares
2011-06-02$23.04/sh−500$11,519→ 0 total
Sale
8.375% Series B Cumulative Redeemable Preferred Shares
2011-06-02$22.00/sh−500$11,000→ 0 total

Holdings

Footnotes (5)

[F1]The reporting person sold these securities to another executive officer of the issuer in a private transaction.
[F2]This amount includes 80,000 common shares underlying the equivalent number of phantom units.
[F3]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.
[F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on the transaction date at prices ranging from $21.80 to $21.85, inclusive. The reporting person undertakes to provide to RAIT Financial Trust ("RAIT"), any security holder of RAIT or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
[F5]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on the transaction date at prices ranging from $23.03 to $23.05, inclusive. The reporting person undertakes to provide to RAIT Financial Trust ("RAIT"), any security holder of RAIT or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Documents

1 file