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

Role
Chief Operating Officer
Signature
/s/ Matthew E. Fernand, as attorney-in-fact
Stock symbol
SRG
Transactions as of
Dec 17, 2021
Transactions value $
$0
Form type
4
Date filed
12/27/2021, 07:44 PM
Next filing
Mar 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRG Class A Common Shares Award $0 +31.5K +689.95% $0.00 36.1K Dec 17, 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.