Yakira Capital Management, Inc. - 11 Dec 2023 Form 4 Insider Report for Seritage Growth Properties (SRG)

Role
10%+ Owner
Signature
/s/ Nicholas Sabatini, CFO & CCO
Issuer symbol
SRG
Transactions as of
11 Dec 2023
Net transactions value
+$130,899
Form type
4
Filing time
27 Dec 2023, 17:03:04 UTC
Previous filing
27 Dec 2023
Next filing
10 Jan 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SRG 7.00 % Series A Cumulative Redeemable Preferred Shares Purchase $66,287 +2,784 +0.99% $23.81 283,198 11 Dec 2023 See Footnote F1
transaction SRG 7.00 % Series A Cumulative Redeemable Preferred Shares Purchase $3,244 +136 +0.05% $23.85 283,334 12 Dec 2023 See Footnote F1
transaction SRG 7.00 % Series A Cumulative Redeemable Preferred Shares Purchase $573 +24 +0.01% $23.87 283,358 15 Dec 2023 See Footnote F1
transaction SRG 7.00 % Series A Cumulative Redeemable Preferred Shares Purchase $53,682 +2,248 +0.79% $23.88 285,606 18 Dec 2023 See Footnote F1
transaction SRG 7.00 % Series A Cumulative Redeemable Preferred Shares Purchase $7,113 +298 +0.1% $23.87 285,904 20 Dec 2023 See Footnote F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Yakira Capital Management, Inc., a Delaware corporation (the "Reporting Person"), serves as investment advisors to each of (i) Yakira Partners, L.P., a Delaware limited partnership ("Yakira Partners"), (ii) Yakira Enhanced Offshore Fund Ltd., a Cayman Islands exempted company ("Yakira Offshore") and (iii) MAP 136 Segregated Portfolio, a Cayman Islands exempted company ("MAP 136") and has sole voting and investment discretion with respects to the securities reported herein which are held by Yakira Partners, Yakira Offshore and MAP 136. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Reporting Person is the beneficial owner of the securities reported herein for the purpose of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose, except to the extent of Reporting Person's pecuniary interest therein.