Eric Dinenberg - 15 Mar 2022 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
15 Mar 2022
Net transactions value
$0
Form type
4
Filing time
17 Mar 2022, 21:06:30 UTC
Previous filing
27 Dec 2021
Next filing
21 Dec 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 +35,331 +98% $0.000000 71,392 15 Mar 2022 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an annual equity grant in respect of 2021 of 35,331 Restricted Share Units awarded under the Seritage Growth Properties 2015 Share Plan on March 15, 2022, based on a per share grant date value of $11.31. This award will vest in substantially equal installments on the anniversaries of the date of grant in 2023, 2024, and 2025.
F2 Includes 69,649 unvested RSUs, as of the date of this filing, after taking into account the transaction reported herein.