Home > Insider Trading > Filing (0001209191-11-032642)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1045425	Rait Financial Trust	RAS	Real Estate Investment Trusts (6798)	232919819

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1383052	Jack Salmon	C/O Rait Financial Trust Cira Centre, 2929 Arch St., 17Th Fl. Philadelphia PA 19104	Cfo & Treasurer	No	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
Common Shares Of Beneficial Interest	Disposition	2011-06-02	1,400	$2.12	238,921	No	4	S	Direct
7.75% Series A Cumulative Redeemable Preferred Shares	Disposition	2011-06-02	1,000	$21.82	0	No	4	S	Direct
8.375% Series B Cumulative Redeemable Preferred Shares	Disposition	2011-06-02	500	$22.00	0	No	4	S	Direct
8.875% Series C Cumulative Redeemable Preferred Shares	Disposition	2011-06-02	500	$23.04	0	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct
No	4	S	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Shares Of Beneficial Interest	3,000	Indirect	By reporting person's child

Footnotes

The reporting person sold these securities to another executive officer of the issuer in a private transaction.
This amount includes 80,000 common shares underlying the equivalent number of phantom units.
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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on the transaction date at prices ranging from $21.80 to $21.85, 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.
The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions on the transaction date at prices ranging from $23.03 to $23.05, 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.