0000919574-12-003926.txt : 20120604
0000919574-12-003926.hdr.sgml : 20120604
20120604173333
ACCESSION NUMBER: 0000919574-12-003926
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120604
FILED AS OF DATE: 20120604
DATE AS OF CHANGE: 20120604
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: RAIT Financial Trust
CENTRAL INDEX KEY: 0001045425
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 232919819
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 1818 MARKET
STREET 2: 28TH FL
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
BUSINESS PHONE: 2158617900
MAIL ADDRESS:
STREET 1: 1818 MARKET
STREET 2: 28TH FL
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
FORMER COMPANY:
FORMER CONFORMED NAME: RAIT INVESTMENT TRUST
DATE OF NAME CHANGE: 20010227
FORMER COMPANY:
FORMER CONFORMED NAME: RESOURCE ASSET INVESTMENT TRUST
DATE OF NAME CHANGE: 19970904
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: RIMA SENVEST MANAGEMENT, L.L.C.
CENTRAL INDEX KEY: 0001328785
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14760
FILM NUMBER: 12887076
BUSINESS ADDRESS:
STREET 1: 111 EAST 55TH STREET
STREET 2: SUITE 1600
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 514-281-8082
MAIL ADDRESS:
STREET 1: 111 EAST 55TH STREET
STREET 2: SUITE 1600
CITY: NEW YORK
STATE: NY
ZIP: 10022
FORMER NAME:
FORMER CONFORMED NAME: RIMA MANAGEMENT, LLC
DATE OF NAME CHANGE: 20050531
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: MASHAAL RICHARD R
CENTRAL INDEX KEY: 0001536894
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14760
FILM NUMBER: 12887075
BUSINESS ADDRESS:
STREET 1: C/O RIMA SENVEST MANAGEMENT, L.L.C.
STREET 2: 110 EAST 55TH ST., SUITE 1600
CITY: NEW YORK
STATE: NY
ZIP: 10022
BUSINESS PHONE: 212-977-2466
MAIL ADDRESS:
STREET 1: C/O RIMA SENVEST MANAGEMENT, L.L.C.
STREET 2: 110 EAST 55TH ST., SUITE 1600
CITY: NEW YORK
STATE: NY
ZIP: 10022
4
1
p1296192.xml
RAIT FINANCIAL TRUST/RIMA SENVEST MANAGEMENT, L.L.C.
X0305
4
2012-06-04
0
0001045425
RAIT Financial Trust
RAS
0001328785
RIMA SENVEST MANAGEMENT, L.L.C.
111 EAST 55TH STREET
SUITE 1600
NEW YORK
NY
10022
0
0
1
0
0001536894
MASHAAL RICHARD R
110 EAST 55TH STREET
SUITE 1600
NEW YORK
NY
10022
0
0
1
0
Common Shares of Beneficial Interest
2012-06-04
4
P
0
5000
3.9445
A
3426367
I
See footnote
The amount of securities beneficially owned as reported under Table I, Item 5 on January 18, 2012, February 13, 2012, March 8, 2012, March 20, 2012, March 29, 2012 and April 3, 2012 was underreported by 117,816 shares representing 14,175 shares acquired on January 6, 2012 and 103,641 shares acquired on January 9, 2012, each as reported on a Form 4 filed January 9, 2012 (the "January Acquisitions"). The amount of securities beneficially owned as reported under Table I, Item 5 reported on April 23, 2012, April 30, 2012, May 7, 2012, May 18, 2012, May 29, 2012 and June 1, 2012 was underreported by (a) the January Acquisitions and (b) 26,000 shares acquired on April 13, 2012 as reported on a Form 4 filed June 4, 2012.
These securities are held in the accounts of several investment partnerships and investment funds (collectively, the "Investment Vehicles") for which RIMA Senvest Management, L.L.C. ("RIMA") serves as investment manager or general partner. Richard Mashaal is the managing member of RIMA. RIMA and Mr. Mashaal may be deemed to beneficially own the securities held by the Investment Vehicles by virtue of RIMA's position as investment manager or general partner of the Investment Vehicles and Mr. Mashaal's status as the managing member of RIMA.
(+) Each of the Reporting Person and the joint filer (individually, each a "Reporting Person" and collectively, the "Reporting Persons") disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. The Reporting Persons affirmatively disclaim being a "group" for purposes of Section 16 of the Securities Exchange Act of 1934, as amended.
RIMA Senvest Management, L.L.C.(+) By: /s/ Richard R. Mashaal, Managing Member
2012-06-04
/s/ Richard R. Mashaal (+)
2012-06-04