Farzana K. Mitchell - Dec 31, 2022 Form 4 Insider Report for CBL & ASSOCIATES PROPERTIES INC (CBL)

Role: Exec VP - CFO
Signature: /s/ Jeffery V. Curry, Attorney-In-Fact for Farzana Khaleel
Stock symbol: CBL
Transactions as of: Dec 31, 2022
Transactions value $: -$199,481
Form type: 4
Date filed: 1/4/2023, 08:46 AM
Previous filing: Dec 21, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	CBL	Common Stock	Tax liability	-$199K	-8.85K	-15.48%	$22.53	48.3K	Dec 31, 2022	Direct	F1
transaction	CBL	Common Stock	Disposed to Issuer	$0	-22.5K	-46.54%	$0.00	25.8K	Dec 31, 2022	Direct	F1

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Farzana K. Mitchell is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Pursuant to the terms of the reporting person's restricted stock award dated 12/15/2021 under the Company's 2021 Equity Incentive Plan, her termination of service on 12/31/2021 triggered (i) the automatic vesting of 22,500 of her remaining unvested shares of restricted stock (resulting in the cancellation of 8,854 shares withheld for taxes) and (ii) the automatic cancellation of the remaining 22,500 unvested shares of restricted stock.

Content

Pursuant to the terms of the reporting person's restricted stock award dated 12/15/2021 under the Company's 2021 Equity Incentive Plan, her termination of service on 12/31/2021 triggered (i) the automatic vesting of 22,500 of her remaining unvested shares of restricted stock (resulting in the cancellation of 8,854 shares withheld for taxes) and (ii) the automatic cancellation of the remaining 22,500 unvested shares of restricted stock.