0001209191-19-014997.txt : 20190301
0001209191-19-014997.hdr.sgml : 20190301
20190301163231
ACCESSION NUMBER: 0001209191-19-014997
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190228
FILED AS OF DATE: 20190301
DATE AS OF CHANGE: 20190301
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Reyle John J.
CENTRAL INDEX KEY: 0001634358
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14760
FILM NUMBER: 19649905
MAIL ADDRESS:
STREET 1: C/O RAIT FINANCIAL TRUST
STREET 2: 2929 ARCH ST., 17TH FL.
CITY: PHILADELPHIA
STATE: PA
ZIP: 19104
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: TWO LOGAN SQUARE
STREET 2: 100 N. 18TH STREET, 23RD FLOOR
CITY: PHILADELPHIA
STATE: PA
ZIP: 19103
BUSINESS PHONE: (215) 207-2100
MAIL ADDRESS:
STREET 1: TWO LOGAN SQUARE
STREET 2: 100 N. 18TH STREET, 23RD FLOOR
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
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2019-02-28
0
0001045425
RAIT Financial Trust
RAS
0001634358
Reyle John J.
C/O RAIT FINANCIAL TRUST
2 LOGAN SQUARE, 100 N. 18TH ST, 23RD FL
PHILADELPHIA
PA
19103
0
1
0
1
CEO, President & GC
Trustee
Common Shares of Beneficial Interest
2019-02-28
4
F
0
90
D
792
D
This forfeiture was undertaken solely to satisfy tax withholding liabilities relating to the vesting of restricted share awards held by the reporting person. The reporting person made the withholding election on February 28, 2019 with respect to restricted shares that vested on February 14, 2019 and February 22, 2019. The aggregate value of the common shares so withheld was based on the closing price of the common shares on the OTCQB on the relevant vesting date which was $1.80 and $1.98, respectively, and did not exceed the maximum applicable withholding tax rate for federal (including FICA), state, local and other tax liabilities.
This amount has been adjusted for the 1-for-50 reverse stock split of the issuer's common shares of beneficial interest that became effective August 13, 2018.
/s/ Anders F. Laren, attorney-in-fact
2019-03-01