Thomas K. McGowan - 15 Feb 2022 Form 4 Insider Report for KITE REALTY GROUP TRUST (KRG)

Role: President & COO
Signature: /s/ Thomas K. McGowan
Issuer symbol: KRG
Transactions as of: 15 Feb 2022
Net transactions value: $0
Form type: 4
Filing time: 17 Feb 2022, 16:03:44 UTC
Next filing: 17 Feb 2023
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	KRG	Common Shares						106,028	15 Feb 2022	Direct

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.	Award	$0	+27,701	+7%	$0.000000	424,619	15 Feb 2022	Common Shares	27,701		Direct	F1, F2
holding	KRG	Limited Partnership Units of Kite Realty Group, L.P.						5,000	15 Feb 2022	Common Shares	5,000		By irrevocable trust	F1

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

Explanation of Responses:

Id	Content
F1	Common Shares of beneficial interest, par value of $.01 per share (the "Common Shares") are issued upon the redemption of Limited Partnership units ("LP Units") of Kite Realty Group L.P. on a one for one basis. LP Units have no expiration date.
F2	Represents the grant of LTIP Units pursuant to the Kite Realty Group Trust 2013 Equity Incentive Plan, as amended. LTIP units will vest in equal amounts on 2/15/2023, 2/15/2024, and 2/15/2025, subject to continued service by the reporting person through the applicable vesting date.