John M. Cattonar - Oct 15, 2024 Form 4 Insider Report for Curbline Properties Corp. (CURB)

Signature
/s/ Tammy Battler, Attorney-In-Fact
Stock symbol
CURB
Transactions as of
Oct 15, 2024
Transactions value $
$0
Form type
4
Date filed
10/17/2024, 04:15 PM
Previous filing
Oct 3, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CURB Common Stock Award +136K +771.38% 153K Oct 15, 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, SITE Centers Corp. ("SITE Centers") completed the spin-off of the Issuer (the "Spin-Off"). In connection with the Spin-Off, the reporting person's performance-based SITE Centers restricted share units and time-based restricted share units were equitably adjusted into a corresponding number of Issuer restricted stock units with substantially the same terms, vesting conditions and other restrictions as applied to the original awards.
F2 Equitable adjustment of the SITE Centers awards is described in the Employee Matters Agreement, dated as of October 1, 2024, by and among SITE Centers, the Issuer and Curbline Properties LP, which is filed by the Issuer with the Securities and Exchange Commission.
F3 Includes 17,588 shares of common stock of the Issuer acquired in a pro rata distribution of Issuer common stock from SITE Centers in the Spin-Off. Such amount of shares is estimated as of October 15, 2024 based on preliminary information regarding the Spin-Off. Final amounts, if different, will be reported in a subsequent filing.