John A. Kite - Dec 1, 2023 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 1, 2023
Transactions value $
-$1,314,600
Form type
4
Date filed
12/5/2023, 05:49 PM
Previous filing
Aug 16, 2023
Next filing
Feb 21, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction KRG Common Shares Conversion of derivative security $0 +60K +57.63% $0.00 164K Dec 1, 2023 Direct F1
transaction KRG Common Shares Sale -$1.31M -60K -36.56% $21.91 104K Dec 1, 2023 Direct
holding KRG Common Shares 2.1K Dec 1, 2023 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 -60K -3.41% $0.00 1.7M Dec 1, 2023 Common Shares 60K 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 Kite Realty Group Trust ("Kite") or, at the election of Kite, cash equal to the fair market value of such shares. LP Units have no expiration date.