0001209191-12-010530.txt : 20120215
0001209191-12-010530.hdr.sgml : 20120215
20120215170243
ACCESSION NUMBER: 0001209191-12-010530
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20120214
FILED AS OF DATE: 20120215
DATE AS OF CHANGE: 20120215
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BROWN EDWARD S
CENTRAL INDEX KEY: 0001168783
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-14760
FILM NUMBER: 12616658
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
4
1
doc4.xml
FORM 4 SUBMISSION
X0304
4
2012-02-14
0
0001045425
RAIT Financial Trust
RAS
0001168783
BROWN EDWARD S
C/O RAIT FINANCIAL TRUST
CIRA CENTRE, 2929 ARCH ST., 17TH FL.
PHILADELPHIA
PA
19104
0
0
0
1
Trustee
Common Shares of Beneficial Interest
2012-02-14
4
P
0
5250
5.6709
A
33598
D
Common Shares of Beneficial Interest
3333
I
By Brown Family Limited Partnership
The purchases reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person as of February 14, 2012.
The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions on the transaction date at prices ranging from $5.63 to $5.72, inclusive. The reporting person undertakes to provide to RAIT Financial Trust ("RAIT"), any security holder of RAIT or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
This amount has been adjusted for the 1-for-3 reverse stock split of the issuer's common shares of beneficial interest that became effective June 30, 2011.
The sole limited partners of this limited partnership are trusts for the benefit of the children of the reporting person. The sole general partner of this limited partnership is a limited liability company whose sole members are these trusts and whose sole manager is an individual who is not a member of the reporting person's family. None of the reporting person's children share the reporting person's household at this time. 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.
/s/ Anders F. Laren, attorney-in-fact
2012-02-15