0001209191-14-006308.txt : 20140131
0001209191-14-006308.hdr.sgml : 20140131
20140131191508
ACCESSION NUMBER: 0001209191-14-006308
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20140129
FILED AS OF DATE: 20140131
DATE AS OF CHANGE: 20140131
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: SCHAEFFER SCOTT
CENTRAL INDEX KEY: 0001168758
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14760
FILM NUMBER: 14566215
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2014-01-29
0
0001045425
RAIT Financial Trust
RAS
0001168758
SCHAEFFER SCOTT
C/O RAIT FINANCIAL TRUST
CIRA CENTRE, 2929 ARCH ST., 17TH FL.
PHILADELPHIA
PA
19104
0
1
0
1
Chief Executive Officer
Chairman & Trustee
Common Shares of Beneficial Interest
2014-01-29
4
A
0
40000
0.00
A
297337
D
Common Shares of Beneficial Interest
2014-01-29
4
F
0
15537
8.29
D
281800
D
Common Shares of Beneficial Interest
2014-01-30
4
M
0
400000
5.68
A
681800
D
Common Shares of Beneficial Interest
2014-01-30
4
D
0
271770
8.36
D
410030
D
Common Shares of Beneficial Interest
2014-01-30
4
F
0
57960
8.36
D
352070
D
Common Shares of Beneficial Interest
3666
I
By 401(k) plan
Share Appreciation Right
8.29
2014-01-29
4
A
0
120000
0.00
A
2019-01-29
Common Shares of Beneficial Interest
120000
120000
D
Share Appreciation Right
5.68
2014-01-30
4
M
0
400000
0.00
D
2017-01-24
Common Shares of Beneficial Interest
400000
200000
D
This forfeiture was undertaken solely to satisfy a tax witholding liability relating to the vesting of a restricted share award held by the reporting person.
The reporting person elected to satisfy the tax withholding obligations of the issuer with respect to the exercise of a portion of the reporting person's share appreciation rights, which exercise was being settled with common shares of the issuer, by having common shares withheld from the common shares issued in connection with such settlement. The common shares so withheld are being reported herein as a disposition to the issuer. The aggregate value of the common shares so withheld was based on the closing price of the common shares on the New York Stock Exchange on the relevant settlement date and did not exceed the minimum applicable withholding tax rate for federal (including FICA), state, local and other tax liabilities.
These share appreciation rights vest in three equal annual installments beginning on January 29, 2015.
These share share appreciation rights vest in three equal annual installments beginning on January 24, 2013.
/s/ Anders F. Laren, attorney-in-fact
2014-01-31