FRAPPIER KEN 4
4 · RAIT Financial Trust · Filed Aug 8, 2011
Insider Transaction Report
Form 4
FRAPPIER KEN
EVP Risk Management
Transactions
- Purchase
Common Shares of Beneficial Interest
2011-08-08$3.37/sh+10,000$33,700→ 56,270 total
Holdings
- 1,194(indirect: By 401(k))
Common Shares of Beneficial Interest
- 1,000(indirect: By Spouse)
Common Shares of Beneficial Interest
Footnotes (3)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions on the transaction date at prices ranging from $3.369 to $3.37, 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 purchased at each separate price within the range set forth in this footnote.
- [F2]This amount includes 26,666 common shares of beneficial interest underlying the equivalent number of phantom units.
- [F3]This amount has been adjusted for the 1-for-3 reverse stock split of the issuer's common shares of beneficial interest that became effective June 30, 2011