Saul Adam Scherl - 26 Jan 2022 Form 4 Insider Report for Howard Hughes Corp

Role
President, NY Tri-State Region
Signature
/s/ Peter F. Riley, Attorney-in-fact for Saul Scherl
Issuer symbol
N/A
Transactions as of
26 Jan 2022
Net transactions value
-$588,256
Form type
4
Filing time
28 Jan 2022, 15:06:11 UTC
Previous filing
04 Jan 2022
Next filing
10 Feb 2022
SEC
View on sec.gov

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 +3,332 +6.8% $0.000000 52,004 26 Jan 2022 Direct F1
transaction HHC Common stock, $0.01 par value per share Award $0 +16,661 +32% $0.000000 68,665 26 Jan 2022 Direct F2
transaction HHC Common stock, $0.01 par value per share Tax liability $588,256 -6,534 -9.5% $90.03 62,131 26 Jan 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.