Filing Details

Accession Number:
0001174322-12-000023
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-11-05 18:52:53
Reporting Period:
2012-11-02
Filing Date:
2012-11-05
Accepted Time:
2012-11-05 18:52:53
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
77281 Pennsylvania Real Estate Investment Trust PEI Real Estate Investment Trusts (6798) 236216339
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1174322 Ronald Rubin Pennsylvania Real Estate Investment Tr
The Bellevue 200 S Broad Street
Philadelphia PA 19102
Executive Chairman Yes Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Shares Of Beneficial Interest, Par Value $1.00 Per Share Disposition 2012-11-02 100,000 $16.50 541,144 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Shares Of Beneficial Interest, Par Value $1.00 Per Share 27,800 Indirect By Trust
Shares Of Beneficial Interest, Par Value $1.00 Per Share 5,000 Indirect By Trust
Shares Of Beneficial Interest, Par Value $1.00 Per Share 7,834 Indirect By Trust
Shares Of Beneficial Interest, Par Value $1.00 Per Share 750 Indirect By Trust
Reported Derivative Holdings
Sec. Name Sec. Type Price Date Expiration Date Amount Remaning Holdings Nature of Ownership
Shares Of Beneficial Interest, Par Value $1.00 Per Share Units of Class A Limited Partnership Interest $0.00 825,907 825,907 Direct
Shares Of Beneficial Interest, Par Value $1.00 Per Share Units of Class A Limited Partnership Interest $0.00 59,755 59,755 Indirect
Shares Of Beneficial Interest, Par Value $1.00 Per Share Units of Class A Limited Partnership Interest $0.00 59,755 59,755 Indirect
Shares Of Beneficial Interest, Par Value $1.00 Per Share Units of Class A Limited Partnership Interest $0.00 86,934 86,934 Indirect
Shares Of Beneficial Interest, Par Value $1.00 Per Share Units of Class A Limited Partnership Interest $0.00 5,227 5,227 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
825,907 825,907 Direct
59,755 59,755 Indirect
59,755 59,755 Indirect
86,934 86,934 Indirect
5,227 5,227 Indirect
Footnotes
  1. The range of prices for the transactions reported was from $16.23 to $16.84. The reporting person undertakes to provide, upon request by the staff of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  2. These shares are held by the Non-QTIP Marital Trust U/W of Richard I. Rubin (the "Marital Trust"), a trust of which Mr. Rubin is a trustee and a beneficiary.
  3. These shares are held by a trust of which Mr. Rubin is a trustee and a beneficiary.
  4. These shares are held by trusts of which Mr. Rubin is a trustee. Mr. Rubin disclaims beneficial ownership of these shares.
  5. The derivative securities are units of Class A Limited Partnership Interest (the "Units") in PREIT Associates, L.P., the operating partnership of the issuer. The Units held by the reporting person are generally redeemable one year after the date of issuance, in consideration for cash equal to the contemporaneous market price of shares of beneficial interest in the issuer or, at the election of the issuer, for a like number of shares of beneficial interest in the issuer, without payment of any conversion or exercise price. The Units are currently redeemable, but have not been redeemed. The Units have no expiration date.
  6. The Ronald Rubin 2010 GRAT for the benefit of the reporting person's son is the holder of these securities. The reporting person is the trustee of this GRAT.
  7. The Ronald Rubin 2010 GRAT for the benefit of the reporting person's daughter is the holder of these securities. The reporting person is the trustee of this GRAT.
  8. The Marital Trust is the holder of these Units. Mr. Rubin disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
  9. Pan American Office Investments, L.P. is the holder of these Units. Mr. Rubin is the sole shareholder of Pan American Office Investment - GP, Inc., which in turn is the general partner of Pan American Office Investments, L.P. In addition, Mr. Rubin directly holds a limited partnership interest in Pan American Office Investments, L.P.