4//SEC Filing
Salmon Jack 4
Accession 0001209191-11-032642
CIK 0001045425other
Filed
Jun 1, 8:00 PM ET
Accepted
Jun 2, 6:28 PM ET
Size
12.0 KB
Accession
0001209191-11-032642
Insider Transaction Report
Form 4
Salmon Jack
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
- 3,000(indirect: By Children)
Common Shares of Beneficial Interest
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
Issuer
RAIT Financial Trust
CIK 0001045425
Entity typeother
Related Parties
1- filerCIK 0001383052
Filing Metadata
- Form type
- 4
- Filed
- Jun 1, 8:00 PM ET
- Accepted
- Jun 2, 6:28 PM ET
- Size
- 12.0 KB