Anthony F. Massaro - Oct 18, 2024 Form 4 Insider Report for Seaport Entertainment Group Inc. (SEG)

Role: Director
Signature: /s/ Lucy Fato, as attorney-in-fact
Stock symbol: SEG
Transactions as of: Oct 18, 2024
Transactions value $: $475
Form type: 4
Date filed: 10/22/2024, 07:02 PM
Previous filing: Aug 1, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SEG	Common Stock	Other	$475	+19	+135.71%	$25.00	33	Oct 18, 2024	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	SEG	Subscription Rights (right to buy)	Other	$0	-14	-100%	$0.00	0	Oct 18, 2024	Common Stock		$25.00	Direct	F1

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

Explanation of Responses:

Id	Content
F1	On October 17, 2024, the Issuer announced the completion of its previously announced rights offering relating to its transferable subscription rights. Each subscription right included an over-subscription privilege entitling the holder to subscribe for additional shares in the event such holder exercised all of its subscription rights and any shares of Common Stock were not purchased by other holders of subscription rights. On October 18, 2024, the Issuer provided final share allocations to all shareholders, and, as a result of the rights offering, the reporting person received 19 shares of Common Stock on October 18, 2024.
F2	On July 31, 2024, Howard Hughes Holdings Inc. ("HHH") completed a pro rata spin-off distribution (the "Distribution") of all of its shares of common stock of the Issuer to the holders of record of HHH common stock as of the close of business on July 29, 2024 (the "Record Date"). Includes 14 shares of the Issuer's common stock received in connection with the Distribution in respect of shares of HHH common stock held as of the Record Date.

Content

On October 17, 2024, the Issuer announced the completion of its previously announced rights offering relating to its transferable subscription rights. Each subscription right included an over-subscription privilege entitling the holder to subscribe for additional shares in the event such holder exercised all of its subscription rights and any shares of Common Stock were not purchased by other holders of subscription rights. On October 18, 2024, the Issuer provided final share allocations to all shareholders, and, as a result of the rights offering, the reporting person received 19 shares of Common Stock on October 18, 2024.

On July 31, 2024, Howard Hughes Holdings Inc. ("HHH") completed a pro rata spin-off distribution (the "Distribution") of all of its shares of common stock of the Issuer to the holders of record of HHH common stock as of the close of business on July 29, 2024 (the "Record Date"). Includes 14 shares of the Issuer's common stock received in connection with the Distribution in respect of shares of HHH common stock held as of the Record Date.