KITE REALTY GROUP TRUST — Director's Dealing 2012

Mar 15, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KITE REALTY GROUP TRUST (KRG)
CIK: 0001286043
Period of Report: 2012-03-15

Reporting Person: McGowan Thomas K (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-15	Common Shares	F	3538	—	Disposed	200509	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Limited Partnership Units of Kite Realty Group, L.P.	$		Common Shares (593649)	593649	Direct
Limited Partnership Units of Kite Realty Group, L.P.	$		Common Shares (93905)	93905	Indirect
Limited Partnership Units of Kite Realty Group, L.P.	$		Common Shares (20000)	20000	Indirect

Footnotes

F1: The disposition represents the surrender of common shares to fund income taxes due upon the vesting of restricted shares.

F2: 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.