Saul Scherl - Jan 26, 2022 Form 4 Insider Report for Howard Hughes Corp (HHC)

Role
President, NY Tri-State Region
Signature
/s/ Peter F. Riley, Attorney-in-fact for Saul Scherl
Stock symbol
HHC
Transactions as of
Jan 26, 2022
Transactions value $
-$588,256
Form type
4
Date filed
1/28/2022, 03:06 PM
Previous filing
Jan 4, 2022
Next filing
Feb 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HHC Common stock, $0.01 par value per share Award $0 +3.33K +6.85% $0.00 52K Jan 26, 2022 Direct F1
transaction HHC Common stock, $0.01 par value per share Award $0 +16.7K +32.04% $0.00 68.7K Jan 26, 2022 Direct F2
transaction HHC Common stock, $0.01 par value per share Tax liability -$588K -6.53K -9.52% $90.03 62.1K Jan 26, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Time-Vested Restricted Stock Award granted on January 26, 2022 under The Howard Hughes Corporation 2020 Equity Incentive Plan, with one hundred percent (100%) of the total number of granted shares vesting on December 31, 2022.
F2 Unrestricted Stock Award granted on January 26, 2022 under The Howard Hughes Corporation 2020 Equity Incentive Plan, with 100% of the total number of granted shares issued and vested on January 26, 2022.
F3 Represents shares of common stock withheld by The Howard Hughes Corporation to satisfy certain tax withholding obligations upon the vesting of 16,661 shares of stock granted to the reporting person and described in footnote 2.