Thomas K. McGowan - 15 Feb 2023 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 2023
Net transactions value
$0
Form type
4
Filing time
17 Feb 2023, 16:12:45 UTC
Previous filing
17 Feb 2022
Next filing
04 Aug 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 2023 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 +32,433 +7.6% $0.000000 457,052 15 Feb 2023 Common Shares 32,433 Direct F1, F2
holding KRG Limited Partnership Units of Kite Realty Group, L.P. 5,000 15 Feb 2023 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 2/15/2024, 2/15/2025, and 2/15/2026, subject to continued service by the reporting person through the applicable vesting date.