XNAS:REXI Resource America, Inc. Class A Insider Activity 3 Filing - 3/8/2012

Effective Date 3/8/2012

REXI Fair Value Estimate
Premium
REXI Consider Buying
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REXI Consider Selling
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REXI Fair Value Uncertainty
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REXI Economic Moat
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REXI Stewardship
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FORM 3
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
  DELSON DONALD
2. Date of Event Requiring Statement (Month/Day/Year)
03/08/2012
3. Issuer Name and Ticker or Trading Symbol
RESOURCE AMERICA, INC. [REXI]
(Last)
(First)
(Middle)
2005 MARKET STREET, 15TH FLOOR, ONE COMMERCE SQUARE
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
5. If Amendment, Date Original Filed (Month/Day/Year)
(Street)

PHILADELPHIA, PA 19103
6. Individual or Joint/Group Filing (Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock, $0.01 par value 0
D
 

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. SEC 1473 (7-02)
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Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Units   (1)   (1) Common Stock 3,781 (1) D  

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
DELSON DONALD
2005 MARKET STREET, 15TH FLOOR
ONE COMMERCE SQUARE
PHILADELPHIA, PA 19103
  X      

Signatures

Donald W. Delson 03/12/2012
** Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 5(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) The undersigned is a participant in the Resource America, Inc. 2002 Non-Employee Directors Deferred Stock and Deferred Compensation Plan (the "Plan"). The undersigned has been granted a total of 3,781 units under the Plan. Each unit represents the right to receive one share of the Company's common stock upon termination of the undersigned as a director of the Company, subject to vesting provisions. The units in the plan vest on the later of (i) the fifth anniversary of the date he first became an eligible director and (ii) the first anniversary of the grant of those units. The shares are receivable on account of the undersigned's service as a director and without additional consideration.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, See Instruction 6 for procedure.

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XNAS:REXI Resource America, Inc. Class A Insider Activity 3 Filling

Resource America, Inc. Class A XNAS:REXI Stock - Get Insider Activity SEC Filing of Resource America, Inc. Class A XNAS:REXI stocks, including company profile, shares outstanding, strategy, business segments, operations, officers, consolidated financial statements, financial notes and ownership information.

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XNAS:REXI Resource America, Inc. Class A Insider Activity 3 Filing - 3/8/2012
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