Brian Kingston - 26 Jul 2021 Form 4 Insider Report for Brookfield Property REIT Inc. (BPYU)

Role: Officer
Signature: /s/ Brian Kingston
Issuer symbol: BPYU
Transactions as of: 26 Jul 2021
Transactions value $: $-4,269,950
Form type: 4
Filing time: 28 Jul 2021, 16:17:31 UTC
Next filing: 29 Apr 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	BPYU	Class A Stock	Other	$-4,269,950	-235,000	-100%	$18.17^*	0	26 Jul 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On July 26, 2021, all of the shares of Class A Stock of BPYU were mandatorily exchanged pursuant to BPYU's certificate of incorporation, as amended (the "Mandatory Exchange").
F2	Represents the cash value of the default consideration received per share of Class A Stock in the Mandatory Exchange.

Remarks:

Mr. Kingston performs the functions of chief executive officer for BPYU pursuant to a Master Services Agreement, dated August 27, 2018, among Brookfield Asset Management Inc., BPYU and certain other parties thereto.