X0306 4 2018-05-01 0 0001045425 RAIT Financial Trust RAS PRB 0001402258 Frischer Charles L 4404 52ND AVENUE NE SEATTLE WA 98105 0 0 1 0 RAIT Financial Preferred Class B 2018-05-01 4 P 0 3950 12.05 A 270359 I Please see footnote 1 Charles Frischer owns 228,075 shares directly, 1,334 shares are held in his IRA and 40.950 shares are held by the Libby Frischer Family Partnership, LP, of which, Charles Frischer is the sole General Partner Charles L. Frischer 2018-05-02