X0202 4 2006-05-19 0 0001286043 KITE REALTY GROUP TRUST KRG 0001295834 Kite John A C/O KITE REALTY GROUP TRUST 30 SOUTH MERIDIAN STREET, SUITE 1100 INDIANAPOLIS IN 46204 1 1 0 0 President & CEO Common Shares 2006-05-19 4 P 0 4000 14.8088 A 292227 D Common Shares 2006-05-19 4 C 0 53512 A 345739 D Common Shares 10000 I By Spouse Limited Partnership Units 2006-05-19 4 C 0 53512 0.00 D 2006-03-31 Common Shares 53512 1643895 D Limited Partnership Units 2005-08-16 Common Shares 200000 200000 I By GRAT The reporting person redeemed 53,512 units of limited partnership interest of Kite Realty Group L.P. ("Units"), of which the issuer is the general partner. Units are redeemable for an equal number of the issuer's common shares or, at th election of the issuer, cash equal to the fair market value of such shares. The issuer elected to redeem the reporting person's Units with common shares. Units have no expiration date. Represents proportionate interest of Units previously held by limited liability company, of which the reporting person was a member. Units are redeemable for an equal number of the issuer's common shares or, at the election of the issuer, cash equal to the fair market value of such shares. Units have no expiration date. John A. Kite 2006-05-23