4//SEC Filing
Salmon Jack 4
Accession 0001209191-11-042986
CIK 0001045425other
Filed
Aug 8, 8:00 PM ET
Accepted
Aug 9, 10:05 AM ET
Size
7.0 KB
Accession
0001209191-11-042986
Insider Transaction Report
Form 4
Salmon Jack
CFO & Treasurer
Transactions
- Purchase
Common Shares of Beneficial Interest
2011-08-08$3.36/sh+10,000$33,600→ 89,640 total
Holdings
- 1,000(indirect: By Children)
Common Shares of Beneficial Interest
Footnotes (4)
- [F1]The reporting person's purchase of the issuer's common shares of beneficial interest ("Common Shares") reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 467 Common Shares, with the reporting person's sale of 467 Common Shares at a price of $6.3723 per share on June 2, 2011. The number of Common Shares sold and the related sale price per share have been adjusted for the 1-for-3 reverse stock split of the Common Shares that became effective June 30, 2011. The reporting person has agreed to pay to the issuer, before or upon the settlement of the purchase, $1,406.74 representing the full amount of the profit realized in connection with the short-swing transaction.
- [F2]This amount includes 26,666 Common Shares underlying the equivalent number of phantom units.
- [F3]This amount has been adjusted for the 1-for-3 reverse stock split of Common Shares that became effective June 30, 2011.
- [F4]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.
Documents
Issuer
RAIT Financial Trust
CIK 0001045425
Entity typeother
Related Parties
1- filerCIK 0001383052
Filing Metadata
- Form type
- 4
- Filed
- Aug 8, 8:00 PM ET
- Accepted
- Aug 9, 10:05 AM ET
- Size
- 7.0 KB