FARZANA K. MITCHELL - 31 Dec 2022 Form 4 Insider Report for CBL & ASSOCIATES PROPERTIES INC (CBL)

Role
Exec VP - CFO
Signature
/s/ Jeffery V. Curry, Attorney-In-Fact for Farzana Khaleel
Issuer symbol
CBL
Transactions as of
31 Dec 2022
Transactions value $
-$199,481
Form type
4
Filing time
04 Jan 2023, 08:46:48 UTC
Previous 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 CBL Common Stock Tax liability -$199K -8.85K -15.48% $22.53 48.3K 31 Dec 2022 Direct F1
transaction CBL Common Stock Disposed to Issuer $0 -22.5K -46.54% $0.00 25.8K 31 Dec 2022 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

FARZANA K. MITCHELL is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 Pursuant to the terms of the reporting person's restricted stock award dated 12/15/2021 under the Company's 2021 Equity Incentive Plan, her termination of service on 12/31/2021 triggered (i) the automatic vesting of 22,500 of her remaining unvested shares of restricted stock (resulting in the cancellation of 8,854 shares withheld for taxes) and (ii) the automatic cancellation of the remaining 22,500 unvested shares of restricted stock.