MICHAEL I. LEBOVITZ - 15 Feb 2023 Form 4 Insider Report for CBL & ASSOCIATES PROPERTIES INC (CBL)

Role
President
Signature
/s/ Jeffery V. Curry, attorney-in-fact for Michael I. Lebovitz
Issuer symbol
CBL
Transactions as of
15 Feb 2023
Net transactions value
+$267,648
Form type
4
Filing time
17 Feb 2023, 13:05:01 UTC
Previous filing
21 Dec 2022
Next filing
22 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CBL Common Stock Award $441,306 +17,006 +35% $25.95 65,855 15 Feb 2023 Direct F1
transaction CBL Common Stock Tax liability $173,657 -6,692 -10% $25.95 59,163 15 Feb 2023 Direct
holding CBL Common Stock 10 15 Feb 2023 By Spouse F2
holding CBL Common Stock 296 15 Feb 2023 By Trust F2, F3
holding CBL Common Stock 90 15 Feb 2023 By Trust F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock issued as partial payout in accordance with the Reporting Person's 2022 Performance Stock Unit Award Agreement.
F2 The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
F3 Reported ownership includes the following holdings by Trusts: (i) 90 shares held in three Trusts for the benefit of the Reporting Person's children, as to which the Reporting Person's father serves as Trustee and (ii) 296 shares held in a Trust for the benefit of the Reporting Person's children, as to which the Reporting Person's brother serves as Trustee.