John A. Kite - Dec 21, 2021 Form 4 Insider Report for KITE REALTY GROUP TRUST (KRG)

Role: Chairman & CEO, Director
Signature: /s/ John A. Kite
Stock symbol: KRG
Transactions as of: Dec 21, 2021
Transactions value $: -$523,250
Form type: 4
Date filed: 12/23/2021, 04:27 PM
Next filing: Feb 17, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KRG	Common Shares	Conversion of derivative security	$0	+25K	+24.01%	$0.00	129K	Dec 21, 2021	Direct	F1
transaction	KRG	Common Shares	Sale	-$523K	-25K	-19.36%	$20.93	104K	Dec 21, 2021	Direct
holding	KRG	Common Shares						2.1K	Dec 21, 2021	By Spouse

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	KRG	Limited Partnership Units of Kite Realty Group, L.P.	Conversion of derivative security	$0	-25K	-2.43%	$0.00	1M	Dec 21, 2021	Common Shares	25K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Limited Partnership units of Kite Realty Group, L.P., were redeemed and converted to common shares of Kite Realty Group Trust on a one for one basis.
F2	LP Units are redeemable for an equal number of Common Shares of Kite Realty Group Trust ("Kite") or, at the election of Kite, cash equal to the fair market value of such shares. Units have no expiration date.