0001209191-14-006323.txt : 20140131
0001209191-14-006323.hdr.sgml : 20140131
20140131193118
ACCESSION NUMBER: 0001209191-14-006323
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: Licht Raphael
CENTRAL INDEX KEY: 0001383119
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14760
FILM NUMBER: 14566240
MAIL ADDRESS:
STREET 1: C/O 1818 MARKET STREET, 28TH FLOOR
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2014-01-29
0
0001045425
RAIT Financial Trust
RAS
0001383119
Licht Raphael
C/O RAIT FINANCIAL TRUST
CIRA CENTRE, 2929 ARCH ST., 17TH FL.
PHILADELPHIA
PA
19104
0
1
0
0
COO & Secretary
Common Shares of Beneficial Interest
2014-01-29
4
A
0
10000
0.00
A
125185
D
Common Shares of Beneficial Interest
2014-01-29
4
F
0
3787
8.29
D
121398
D
Common Shares of Beneficial Interest
2014-01-29
4
M
0
75000
5.68
A
196398
D
Common Shares of Beneficial Interest
2014-01-29
4
D
0
51387
8.29
D
145011
D
Common Shares of Beneficial Interest
2014-01-29
4
F
0
10777
8.29
D
134234
D
Common Shares of Beneficial Interest
833
I
By reporting person as UGMA custodian for his child
Common Shares of Beneficial Interest
833
I
By reporting person as UGMA custodian for his child
Share Appreciation Right
8.29
2014-01-29
4
A
0
30000
0.00
A
2019-01-29
Common Shares of Beneficial Interest
30000
30000
D
Share Appreciation Right
5.68
2014-01-29
4
M
0
75000
0.00
D
2017-01-24
Common Shares of Beneficial Interest
75000
75000
D
Excludes 333 common shares held by the reporting person's father. The reporting person disclaims beneficial ownership of the common shares held by the reporting person's father, 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.
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.
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.
These share appreciation rights vest in three equal annual installments beginning on January 29, 2015.
These share appreciation rights vest in three equal annual installments beginning on January 29, 2013.
Anders F. Laren, attorney-in-fact
2014-01-31