4//SEC Filing
BROWN EDWARD S 4
Accession 0001209191-12-010530
CIK 0001045425other
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 5:02 PM ET
Size
7.2 KB
Accession
0001209191-12-010530
Insider Transaction Report
Form 4
BROWN EDWARD S
Other
Transactions
- Purchase
Common Shares of Beneficial Interest
2012-02-14$5.67/sh+5,250$29,772→ 33,598 total
Holdings
- 3,333(indirect: By Partnership)
Common Shares of Beneficial Interest
Footnotes (4)
- [F1]The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person as of February 14, 2012.
- [F2]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 $5.63 to $5.72, 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.
- [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.
- [F4]The sole limited partners of this limited partnership are trusts for the benefit of the children of the reporting person. The sole general partner of this limited partnership is a limited liability company whose sole members are these trusts and whose sole manager is an individual who is not a member of the reporting person's family. None of the reporting person's children share the reporting person's household at this time. 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 0001168783
Filing Metadata
- Form type
- 4
- Filed
- Feb 14, 7:00 PM ET
- Accepted
- Feb 15, 5:02 PM ET
- Size
- 7.2 KB