0001209191-14-075451.txt : 20141215 0001209191-14-075451.hdr.sgml : 20141215 20141215171630 ACCESSION NUMBER: 0001209191-14-075451 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20141211 FILED AS OF DATE: 20141215 DATE AS OF CHANGE: 20141215 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: Davidson Scott L.N. CENTRAL INDEX KEY: 0001598643 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-14760 FILM NUMBER: 141287598 MAIL ADDRESS: STREET 1: C/O RAIT FINANCIAL TRUST STREET 2: 2929 ARCH STREET, 17TH FL. CITY: PHILADELPHIA STATE: PA ZIP: 19104 4 1 doc4.xml FORM 4 SUBMISSION X0306 4 2014-12-11 0 0001045425 RAIT Financial Trust RAS 0001598643 Davidson Scott L.N. C/O RAIT FINANCIAL TRUST 2929 ARCH STREET, 17TH FLOOR PHILADELPHIA PA 19104 0 1 0 0 President Common Shares of Beneficial Interest 2014-12-11 4 M 0 25000 5.68 A 94581 D Common Shares of Beneficial Interest 2014-12-11 4 D 0 18442 7.70 D 76139 D Common Shares of Beneficial Interest 2014-12-11 4 F 0 2520 7.70 D 73619 D Share Appreciation Right 5.68 2014-12-11 4 M 0 25000 0.00 D 2017-01-24 Common Shares of Beneficial Interest 25000 25000 D On December 11, 2014, 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 share appreciation rights exercised vested on January 24, 2014 and the share appreciation rights beneficially owned following the reported transaction vest on January 24, 2015. /s/ Anders F. Laren, attorney-in-fact 2014-12-15