KITE REALTY GROUP TRUST — Director's Dealing 2020

Feb 14, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: KITE REALTY GROUP TRUST (KRG)
CIK: 0001286043
Period of Report: 2020-02-12

Reporting Person: McGowan Thomas K (President & COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-02-12	Common Shares	A	17659	—	Acquired	91021	Direct
2020-02-12	Common Shares	F	7790	—	Disposed	83231	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-02-12	Limited Partnership Units of Kite Realty Group, L.P.	$	A	33955	Acquired		Common Shares (33955.0)	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Limited Partnership Units of Kite Realty Group, L.P.	$		Common Shares (5000.0)	5000	Indirect

Footnotes

F1: Represents shares under 217 PSU grants that were earned during the three-year performance period that ended December 31, 2019.

F2: The disposition represents the withholding of common shares to fund income taxes due upon the vesting of performance-based RSUs.

F3: 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.

F4: Represents the grant of LTIP units pursuant to the Kite Realty Group Trust 2013 Equity Incentive Plan, as amended. The LTIP units will vest in equal amounts on 2/12/2021, 2/12/2022, 2/12/2023.