Andrea Olshan - Mar 15, 2022 Form 4 Insider Report for Seritage Growth Properties (SRG)

Role
CEO and President
Signature
/s/ Matthew E. Fernand, as attorney-in-fact
Stock symbol
SRG
Transactions as of
Mar 15, 2022
Transactions value $
$0
Form type
4
Date filed
3/17/2022, 09:03 PM
Next filing
Mar 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRG Class A Common Shares Award $0 +177K +213.22% $0.00 260K Mar 15, 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 176,834 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 218,302 unvested RSUs, as of the date of this filing, after taking into account the transaction reported herein.