Thomas K. McGowan - 16 Feb 2024 Form 4 Insider Report for KITE REALTY GROUP TRUST (KRG)

Role
President & COO
Signature
/s/ Thomas K. McGowan
Issuer symbol
KRG
Transactions as of
16 Feb 2024
Net transactions value
$0
Form type
4
Filing time
21 Feb 2024, 17:01:23 UTC
Previous filing
02 Jan 2024
Next filing
20 Feb 2025
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 16 Feb 2024 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 +39,107 +5.9% $0.000000 707,481 16 Feb 2024 Common Shares 39,107 Direct F1, F2
holding KRG Limited Partnership Units of Kite Realty Group, L.P. 5,000 16 Feb 2024 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, and they are currently redeemable for Common Shares or cash at the election of Kite Realty Group Trust.
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 2/15/2025, 2/15/2026, and 2/15/2027, subject to continued service by the reporting person through the applicable vesting date.