James Carman - Dec 30, 2022 Form 4 Insider Report for Howard Hughes Corp (HHC)

Role
President, Houston Region
Signature
/s/ Peter F. Riley, Attorney-in-fact for James Carman
Stock symbol
HHC
Transactions as of
Dec 30, 2022
Transactions value $
-$30,846
Form type
4
Date filed
1/3/2023, 07:52 PM
Previous filing
Feb 24, 2022
Next filing
Feb 6, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HHC Common stock, $0.01 par value per share Sale -$24K -316 -5.84% $75.85 5.1K Dec 30, 2022 Direct F1
transaction HHC Common stock, $0.01 par value per share Tax liability -$6.88K -90 -1.88% $76.42 4.7K Dec 30, 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects the sale of an aggregate of 316 shares of common stock on December 30, 2022 at the weighted average sale price of $75.8487. The prices for these sales range from $75.8482 to $75.89. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer, full information regarding the number of shares and prices at which the transactions were effected.
F2 Represents shares of common stock withheld by The Howard Hughes Corporation to satisfy certain tax withholding obligations upon the vesting of 374 time-based shares of restricted stock previously granted to the reporting person, consisting of 159 shares issued under the Company's 2020 Incentive Plan and 215 shares issued under the Company's 2010 Equity Incentive Plan.
F3 Represents a reduction of 308 shares granted pursuant to a performance-vesting restricted stock award and previously reported, but that did not vest in accordance with the terms of the award.