Eric Dinenberg - 17 Dec 2021 Form 4 Insider Report for Seritage Growth Properties (SRG)

Role
Chief Operating Officer
Signature
/s/ Matthew E. Fernand, as attorney-in-fact
Issuer symbol
SRG
Transactions as of
17 Dec 2021
Net transactions value
$0
Form type
4
Filing time
27 Dec 2021, 19:44:57 UTC
Next filing
17 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRG Class A Common Shares Award $0 +31,496 +690% $0.000000 36,061 17 Dec 2021 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents a grants of restricted stock units ("RSUs") awarded under the Seritage Growth Properties 2015 Share Plan on December 17, 2021 in connection with the reporting person's promotion, based on a per share grant date value of $12.70. This RSU award will vest in substantially equal installments on the anniversaries of the date of grant in 2022, 2023 and 2024.
F2 Includes 35,871 unvested RSUs, as of the date of this filing, after taking into account the transactions reported herein.