Home > Insider Trading > Filing (0000919574-12-003926)

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
1328785	Rima Senvest Management, L.l.c.	111 East 55Th Street Suite 1600 New York NY 10022		No	No	Yes	No
1536894	R Richard Mashaal	110 East 55Th Street Suite 1600 New York NY 10022		No	No	Yes	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Common Shares Of Beneficial Interest	Acquisiton	2012-06-04	5,000	$3.94	3,426,367	No	4	P	Indirect	See footnote

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	P	Indirect	See footnote

Footnotes

The amount of securities beneficially owned as reported under Table I, Item 5 on January 18, 2012, February 13, 2012, March 8, 2012, March 20, 2012, March 29, 2012 and April 3, 2012 was underreported by 117,816 shares representing 14,175 shares acquired on January 6, 2012 and 103,641 shares acquired on January 9, 2012, each as reported on a Form 4 filed January 9, 2012 (the "January Acquisitions"). The amount of securities beneficially owned as reported under Table I, Item 5 reported on April 23, 2012, April 30, 2012, May 7, 2012, May 18, 2012, May 29, 2012 and June 1, 2012 was underreported by (a) the January Acquisitions and (b) 26,000 shares acquired on April 13, 2012 as reported on a Form 4 filed June 4, 2012.
These securities are held in the accounts of several investment partnerships and investment funds (collectively, the "Investment Vehicles") for which RIMA Senvest Management, L.L.C. ("RIMA") serves as investment manager or general partner. Richard Mashaal is the managing member of RIMA. RIMA and Mr. Mashaal may be deemed to beneficially own the securities held by the Investment Vehicles by virtue of RIMA's position as investment manager or general partner of the Investment Vehicles and Mr. Mashaal's status as the managing member of RIMA.