Strategic Value Partners, LLC - 08 Dec 2022 Form 4 Insider Report for CBL & ASSOCIATES PROPERTIES INC (CBL)

Role
10%+ Owner
Signature
/s/ James Dougherty - for Strategic Value Partners, LLC, By: James Dougherty, Chief Financial Officer
Issuer symbol
CBL
Transactions as of
08 Dec 2022
Net transactions value
-$1,285,158
Form type
4
Filing time
12 Dec 2022, 16:02:49 UTC
Previous filing
29 Aug 2022
Next filing
19 Sep 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBL Common Stock Sale $113,819 -3,822 -0.93% $29.78 405,483 08 Dec 2022 See footnotes F1, F11
transaction CBL Common Stock Sale $38,595 -1,296 -0.93% $29.78 137,500 08 Dec 2022 See footnotes F2, F11
transaction CBL Common Stock Sale $9,798 -329 -0.93% $29.78 34,951 08 Dec 2022 See footnotes F3, F11
transaction CBL Common Stock Sale $35,974 -1,208 -0.93% $29.78 128,186 08 Dec 2022 See footnotes F4, F11
transaction CBL Common Stock Sale $35,796 -1,202 -0.93% $29.78 127,568 08 Dec 2022 See footnotes F5, F11
transaction CBL Common Stock Sale $209,413 -7,032 -0.93% $29.78 746,079 08 Dec 2022 See footnotes F6, F11
transaction CBL Common Stock Sale $82,312 -2,764 -0.93% $29.78 293,331 08 Dec 2022 See footnotes F7, F11
transaction CBL Common Stock Sale $236,036 -7,926 -0.93% $29.78 841,071 08 Dec 2022 See footnotes F8, F11
transaction CBL Common Stock Sale $136,482 -4,583 -0.93% $29.78 486,323 08 Dec 2022 See footnotes F9, F11
transaction CBL Common Stock Sale $3,722 -125 -0.94% $29.78 13,210 08 Dec 2022 See footnotes F10, F11
transaction CBL Common Stock Sale $48,375 -1,801 -0.44% $26.86 403,682 09 Dec 2022 See footnotes F1, F11
transaction CBL Common Stock Sale $16,385 -610 -0.44% $26.86 136,890 09 Dec 2022 See footnotes F2, F11
transaction CBL Common Stock Sale $4,163 -155 -0.44% $26.86 34,796 09 Dec 2022 See footnotes F3, F11
transaction CBL Common Stock Sale $15,283 -569 -0.44% $26.86 127,617 09 Dec 2022 See footnotes F4, F11
transaction CBL Common Stock Sale $15,203 -566 -0.44% $26.86 127,002 09 Dec 2022 See footnotes F5, F11
transaction CBL Common Stock Sale $88,960 -3,312 -0.44% $26.86 742,767 09 Dec 2022 See footnotes F6, F11
transaction CBL Common Stock Sale $34,972 -1,302 -0.44% $26.86 292,029 09 Dec 2022 See footnotes F7, F11
transaction CBL Common Stock Sale $100,295 -3,734 -0.44% $26.86 837,337 09 Dec 2022 See footnotes F8, F11
transaction CBL Common Stock Sale $57,991 -2,159 -0.44% $26.86 484,164 09 Dec 2022 See footnotes F9, F11
transaction CBL Common Stock Sale $1,585 -59 -0.45% $26.86 13,151 09 Dec 2022 See footnotes F10, F11
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held directly by Strategic Value Capital Solutions Offshore Fund, L.P. SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC) is the investment manager of Strategic Value Capital Solutions Offshore Fund, L.P.
F2 Held directly by Strategic Value Capital Solutions Fund, L.P. SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC) is the investment manager of Strategic Value Capital Solutions Fund, L.P.
F3 Held directly by Strategic Value Sullivan Offshore Fund, L.P. (Series 1). SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC) is the investment manager of Strategic Value Sullivan Offshore Fund, L.P. (Series 1).
F4 Held directly by Strategic Value Excelsior Fund, L.P. SVP Excelsior Management, LLC is the investment manager of Strategic Value Excelsior Fund, L.P.
F5 Held directly by Strategic Value Opportunities Fund, L.P. SVP Special Situations III-A LLC is the investment manager of Strategic Value Opportunities Fund, L.P.
F6 Held directly by Strategic Value Special Situations Offshore Fund IV, L.P. SVP Special Situations IV LLC is the investment manager of Strategic Value Special Situations Offshore Fund IV, L.P.
F7 Held directly by Strategic Value Special Situations Fund IV, L.P. SVP Special Situations IV LLC is the investment manager of Strategic Value Special Situations Fund IV, L.P.
F8 Held directly by Strategic Value Special Situations Offshore Fund V, L.P. SVP Special Situations V LLC is the investment manager of Strategic Value Special Situations Offshore Fund V, L.P.
F9 Held directly by Strategic Value Special Situations Fund V, L.P. SVP Special Situations V LLC is the investment manager of Strategic Value Special Situations Fund V, L.P.
F10 Held directly by Strategic Value Sullivan Offshore Fund, L.P. (Series 2). SVP Special Situations V LLC is the investment manager of Strategic Value Sullivan Offshore Fund, L.P. (Series 2).
F11 Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest.

Remarks:

This Form 4 is one of two Form 4s filed relating to the same event. Combined, the two reports report the holdings for the following reporting persons: Strategic Value Partners, LLC, Victor Khosla, SVP Dislocation LLC, Strategic Value Capital Solutions Offshore Fund, L.P., Strategic Value Capital Solutions Fund, L.P., Strategic Value Sullivan Offshore Fund, L.P., Strategic Value Opportunities Fund, L.P., SVP Special Situations III-A LLC, Strategic Value Special Situations Offshore Fund IV, L.P., Strategic Value Special Situations Fund IV, L.P., SVP Special Situations IV LLC, Strategic Value Special Situations Offshore Fund V, L.P., Strategic Value Special Situations Fund V, L.P., SVP Special Situations V LLC, Strategic Value Excelsior Fund, L.P. and SVP Excelsior Management LLC. This Form 4 has been split into two filings because there are more than 10 reporting persons in total, and the SEC's EDGAR filing system limits a single Form 4 to a maximum of 10 reporting persons.