RAIT FINANCIAL TRUST

CUSIP: 749227609 Class: COM NEW

HBK INVESTMENTS L P's Holding History (CIK: 0001011443)

Note: Option positions (PUT/CALL) are excluded.

Q4 2014
Shares 26,291 Value ($000) $202 Avg Close — Range —
Q3 2014
Shares 17,247 Value ($000) $128 Avg Close — Range —
Q2 2014
Shares 85,200 Value ($000) $705 Avg Close — Range —