John A. Kite - 21 Dec 2021 Form 4 Insider Report for KITE REALTY GROUP TRUST (KRG)

Role: Chairman & CEO, Director
Signature: /s/ John A. Kite
Issuer symbol: KRG
Transactions as of: 21 Dec 2021
Net transactions value: -$523,250
Form type: 4
Filing time: 23 Dec 2021, 16:27:32 UTC
Next filing: 17 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	KRG	Common Shares	Conversion of derivative security	$0	+25,000	+24%	$0.000000	129,121	21 Dec 2021	Direct	F1
transaction	KRG	Common Shares	Sale	$523,250	-25,000	-19%	$20.93	104,121	21 Dec 2021	Direct
holding	KRG	Common Shares						2,098	21 Dec 2021	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	-25,000	-2.4%	$0.000000	1,003,204	21 Dec 2021	Common Shares	25,000		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 of Kite Realty Group Trust ("Kite") or, at the election of Kite, cash equal to the fair market value of such shares. Units have no expiration date.