Howard Hughes Holdings Inc. - 31 Jul 2024 Form 4 Insider Report for Seaport Entertainment Group Inc. (SEG)

Role
10%+ Owner
Signature
By: /s/ Joseph Valane, General Counsel & Secretary
Issuer symbol
SEG
Transactions as of
31 Jul 2024
Net transactions value
$0
Form type
4
Filing time
02 Aug 2024, 16:05:13 UTC
Previous filing
24 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SEG Common Stock Other $0 -5,521,762 -50% $0.000000 5,521,884 31 Jul 2024 Direct F1, F2
transaction SEG Common Stock Other $0 -5,521,884 -100% $0.000000* 0 31 Jul 2024 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Howard Hughes Holdings Inc. is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 In connection with certain restructuring transactions to effectuate the separation of the Issuer from the Reporting Person (the "Spin-Off"), the Issuer issued additional shares to certain wholly-owned subsidiaries of the Reporting Person in consideration for the contribution of certain assets, and such shares were subsequently transferred to the Reporting Person prior to the Spin-Off.
F2 Amount adjusted to reflect the reclassification and conversion of all outstanding shares of common stock of the Issuer into an aggregate of 5,521,884 shares of the Issuer's common stock prior to the Spin-Off on July 31, 2024.
F3 In connection with the Spin-Off, on July 31, 2024 the Reporting Person effected a pro rata distribution of all of the Issuer's outstanding shares of common stock to its stockholders of record as of July 29, 2024.