Aaron Kitlowski - 14 Oct 2024 Form 4 Insider Report for SITE Centers Corp. (SITC)

Role
EVP & General Counsel
Signature
/s/ Tammy Battler, Attorney-In-Fact
Issuer symbol
SITC
Transactions as of
14 Oct 2024
Net transactions value
$0
Form type
4
Filing time
16 Oct 2024, 16:15:05 UTC
Previous filing
03 Oct 2024
Next filing
25 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SITC Common Shares Award $0 +36,604 +44% $0.000000 119,828 14 Oct 2024 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On October 1, 2024, the Issuer completed a spin-off of Curbline Properties Corp. ("Curbline"). The reporting person earned the Issuer restricted share units ("RSUs") reported in this Form 4 in connection with equitable adjustment of performance-based RSUs held by the reporting person in connection with the spin-off.
F2 This total reflects an exempt anti-dilution adjustment to the reporting person's other outstanding RSUs in connection with the spin-off.
F3 Equitable adjustment of the RSUs is described in the Employee Matters Agreement, dated as of October 1, 2024, by and among the Issuer, Curbline and Curbline Properties LP, which is filed by the Issuer with the Securities and Exchange Commission.