Filing Details
- Accession Number:
- 0001174322-12-000023
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-11-05 18:52:53
- Reporting Period:
- 2012-11-02
- Filing Date:
- 2012-11-05
- Accepted Time:
- 2012-11-05 18:52:53
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 77281 | Pennsylvania Real Estate Investment Trust | PEI | Real Estate Investment Trusts (6798) | 236216339 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1174322 | Ronald Rubin | Pennsylvania Real Estate Investment Tr The Bellevue 200 S Broad Street Philadelphia PA 19102 | Executive Chairman | Yes | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Shares Of Beneficial Interest, Par Value $1.00 Per Share | Disposition | 2012-11-02 | 100,000 | $16.50 | 541,144 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | S | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Shares Of Beneficial Interest, Par Value $1.00 Per Share | 27,800 | Indirect | By Trust |
| Shares Of Beneficial Interest, Par Value $1.00 Per Share | 5,000 | Indirect | By Trust |
| Shares Of Beneficial Interest, Par Value $1.00 Per Share | 7,834 | Indirect | By Trust |
| Shares Of Beneficial Interest, Par Value $1.00 Per Share | 750 | Indirect | By Trust |
Reported Derivative Holdings
| Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|---|---|---|---|
| Shares Of Beneficial Interest, Par Value $1.00 Per Share | Units of Class A Limited Partnership Interest | $0.00 | 825,907 | 825,907 | Direct | ||
| Shares Of Beneficial Interest, Par Value $1.00 Per Share | Units of Class A Limited Partnership Interest | $0.00 | 59,755 | 59,755 | Indirect | ||
| Shares Of Beneficial Interest, Par Value $1.00 Per Share | Units of Class A Limited Partnership Interest | $0.00 | 59,755 | 59,755 | Indirect | ||
| Shares Of Beneficial Interest, Par Value $1.00 Per Share | Units of Class A Limited Partnership Interest | $0.00 | 86,934 | 86,934 | Indirect | ||
| Shares Of Beneficial Interest, Par Value $1.00 Per Share | Units of Class A Limited Partnership Interest | $0.00 | 5,227 | 5,227 | Indirect |
| Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
|---|---|---|---|
| 825,907 | 825,907 | Direct | |
| 59,755 | 59,755 | Indirect | |
| 59,755 | 59,755 | Indirect | |
| 86,934 | 86,934 | Indirect | |
| 5,227 | 5,227 | Indirect |
Footnotes
- The range of prices for the transactions reported was from $16.23 to $16.84. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
- These shares are held by the Non-QTIP Marital Trust U/W of Richard I. Rubin (the "Marital Trust"), a trust of which Mr. Rubin is a trustee and a beneficiary.
- These shares are held by a trust of which Mr. Rubin is a trustee and a beneficiary.
- These shares are held by trusts of which Mr. Rubin is a trustee. Mr. Rubin disclaims beneficial ownership of these shares.
- The derivative securities are units of Class A Limited Partnership Interest (the "Units") in PREIT Associates, L.P., the operating partnership of the issuer. The Units held by the reporting person are generally redeemable one year after the date of issuance, in consideration for cash equal to the contemporaneous market price of shares of beneficial interest in the issuer or, at the election of the issuer, for a like number of shares of beneficial interest in the issuer, without payment of any conversion or exercise price. The Units are currently redeemable, but have not been redeemed. The Units have no expiration date.
- The Ronald Rubin 2010 GRAT for the benefit of the reporting person's son is the holder of these securities. The reporting person is the trustee of this GRAT.
- The Ronald Rubin 2010 GRAT for the benefit of the reporting person's daughter is the holder of these securities. The reporting person is the trustee of this GRAT.
- The Marital Trust is the holder of these Units. Mr. Rubin disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- Pan American Office Investments, L.P. is the holder of these Units. Mr. Rubin is the sole shareholder of Pan American Office Investment - GP, Inc., which in turn is the general partner of Pan American Office Investments, L.P. In addition, Mr. Rubin directly holds a limited partnership interest in Pan American Office Investments, L.P.
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