Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN 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 *
BEARD KENNETH H
  2. Issuer Name and Ticker or Trading Symbol
RETAIL PROPERTIES OF AMERICA, INC. [RPAI]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last)
(First)
(Middle)
2021 SPRING ROAD, SUITE 200
3. Date of Earliest Transaction (Month/Day/Year)
10/05/2013
(Street)

OAK BROOK, IL 60523
4. If Amendment, Date Original Filed(Month/Day/Year)
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A common stock (1) 10/05/2013   C   6,530 A (2) 26,120 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Class B-3 common stock (3) 10/05/2013   C     6,530   (3)   (3) Class A common stock 6,530 (2) 0 D  
Class A common stock option (right to buy) (1) $ 22.375 (4) 10/05/2013   C   50   06/08/2006 06/07/2014 Class A common stock 50 $ 0 50 D  
Class B-3 common stock option (right to buy) (4) 10/05/2013   C     50 06/08/2006 06/07/2014 Class B-3 common stock 50 $ 0 0 D  
Class A common stock option (right to buy) (1) $ 22.375 (4) 10/05/2013   C   50   06/07/2007 06/06/2015 Class A common stock 50 $ 0 50 D  
Class B-3 common stock option (right to buy) (4) 10/05/2013   C     50 06/07/2007 06/06/2015 Class B-3 common stock 50 $ 0 0 D  
Class A common stock option (right to buy) (1) $ 25 (4) 10/05/2013   C   50   10/10/2008 10/09/2016 Class A common stock 50 $ 0 50 D  
Class B-3 common stock option (right to buy) (4) 10/05/2013   C     50 10/10/2008 10/09/2016 Class B-3 common stock 50 $ 0 0 D  
Class A common stock option (right to buy) (1) $ 25 (4) 10/05/2013   C   50   11/13/2009 11/12/2017 Class A common stock 50 $ 0 50 D  
Class B-3 common stock option (right to buy) (4) 10/05/2013   C     50 11/13/2009 11/12/2017 Class B-3 common stock 50 $ 0 0 D  
Class A common stock option (right to buy) (1) $ 25 (4) 10/05/2013   C   500   10/14/2010 10/13/2018 Class A common stock 500 $ 0 500 D  
Class B-3 common stock option (right to buy) (4) 10/05/2013   C     500 10/14/2010 10/13/2018 Class B-3 common stock 500 $ 0 0 D  
Class A common stock option (right to buy) (1) $ 21.25 (4) 10/05/2013   C   500   10/13/2011 10/12/2019 Class A common stock 500 $ 0 500 D  
Class B-3 common stock option (right to buy) (4) 10/05/2013   C     500 10/13/2011 10/12/2019 Class B-3 common stock 500 $ 0 0 D  
Class A common stock option (right to buy) (1) $ 17.125 (4) 10/05/2013   C   500   10/12/2012 10/11/2020 Class A common stock 500 $ 0 500 D  
Class B-3 common stock option (right to buy) (4) 10/05/2013   C     500 10/12/2012 10/11/2020 Class B-3 common stock 500 $ 0 0 D  
Class A common stock option (right to buy) (1) $ 17.375 (4) 10/05/2013   C   500   10/11/2013 10/10/2021 Class A common stock 500 $ 0 500 D  
Class B-3 common stock option (right to buy) (4) 10/05/2013   C     500 10/11/2013 10/10/2021 Class B-3 common stock 500 $ 0 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
BEARD KENNETH H
2021 SPRING ROAD, SUITE 200
OAK BROOK, IL 60523
  X      

Signatures

 /s/ Dennis K. Holland, Attorney-in-fact   10/07/2013
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(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) In March 2012, Retail Properties of America, Inc. effectuated a reverse split of its then outstanding common stock, redesignated its common stock as Class A common stock, and subsequently paid a stock dividend pursuant to which each outstanding share of Class A common stock received one share each of Class B-1, Class B-2, and Class B-3 common stock. The net result was each previously outstanding share of common stock converted into 1/10 of a share of each of Class A, Class B-1, Class B-2, and Class B-3 common stock and each option to buy a previously outstanding share of common stock being converted into an option to buy 1/10 of a share of each of Class A, Class B-1, Class B-2, and Class B-3 common stock. On October 5, 2013, the Class B-3 common stock automatically converted into Class A common stock on a one-for-one basis and options to buy shares of Class B-3 common stock automatically converted into options to buy an equal number of shares of Class A common stock.
(2) Converted from shares of Class B-3 common stock into Class A common stock on a one-for-one basis.
(3) The Class B-3 common stock automatically converted into Class A common stock on October 5, 2013 on a one-for-one basis.
(4) Converted from an option to buy shares of Class B-3 common stock into an option to buy an equal number of shares of Class A common stock.

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