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