OAKTREE CAPITAL MANAGEMENT LP - 19 Apr 2022 Form 4 Insider Report for CBL & ASSOCIATES PROPERTIES INC (CBL)

Reporting relationship: 10%+ Owner
Issuer ticker: CBL
Reported as of: 19 Apr 2022
Net transaction value: -$18,158,139
SEC form: 4
Accepted by SEC: 21 Apr 2022, 18:43:40 UTC
Prior SEC filing: 14 Apr 2022
Next SEC filing: 31 May 2022
Source filing: View source filing
Reporting owner signature: /s/ See Signatures Included in Exhibit 99.1

Key filing fact

OAKTREE CAPITAL MANAGEMENT LP filed Form 4 for CBL & ASSOCIATES PROPERTIES INC (CBL) on 21 Apr 2022.

Key facts

This page summarizes OAKTREE CAPITAL MANAGEMENT LP's Form 4 filing for CBL & ASSOCIATES PROPERTIES INC (CBL).
2 reported transactions and 0 derivative rows are listed below.
Accepted by SEC: 21 Apr 2022, 18:43.

Change

Previous filing in this sequence was filed on 14 Apr 2022.
Current net transaction value: -$18,158,139.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

CBL transaction

Common Stock

Sale

Transaction value: $1,620,000
Shares: -50,000
Change %: -8.5%
Price: $32.40
Shares after: 535,735
Date: 19 Apr 2022
Ownership: See footnotes
Footnotes: F1, F3, F4, F5

CBL transaction

Common Stock

Sale

Transaction value: $16,538,139
Shares: -535,735
Change %: -100%
Price: $30.87
Shares after: 0
Date: 19 Apr 2022
Ownership: See footnotes
Footnotes: F1, F3, F4, F5

CBL holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 3,983,967
Date: 19 Apr 2022
Ownership: See footnotes
Footnotes: F2, F3, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

Consists of shares of common stock held by Oaktree Value Opportunities Fund Holdings, L.P. ("VOF Holdings").

Footnote F2

Consists of shares of common stock held by OCM Xb CBL-E Holdings, LLC ("Xb CBL-E").

Footnote F3

This Form 4 is being filed jointly by (each, a "Reporting Person" and, collectively, the "Reporting Persons") (i) VOF Holdings, (ii) Oaktree Value Opportunities Fund GP, L.P. ("VOF GP"), in its capacity as the general partner of VOF Holdings, (iii) Oaktree Value Opportunities Fund GP Ltd. ("VOF GP Ltd."), in its capacity as the general partner of VOF GP, (iv) Xb CBL-E, (v) Oaktree Fund GP, LLC ("Fund GP"), in its capacity as the general partner of Xb CBL-E, (vi) Oaktree Fund GP I, L.P. ("Fund GP I"), in its capacity as the managing member of Fund GP, (vii) Oaktree Capital I, L.P. ("Capital I"), in its capacity as the general partner of Fund GP I, (viii) OCM Holdings I, LLC ("Holdings I"), in its capacity as general partner of Capital I, (ix) Oaktree Holdings, LLC ("Holdings"), in its capacity as the managing member of Holdings I, (x) Oaktree Capital Management, L.P. ("Management"), in its capacity (cont'd in FN4)

Footnote F4

(con't from FN3) as the sole director of VOF GP Ltd, (xi) Oaktree Capital Management GP, LLC ("Management GP"), in its capacity as the general partner of Management, (xii) Atlas OCM Holdings LLC ("Atlas"), in its capacity as the manager of Management GP, (xiii) Oaktree Capital Group, LLC ("OCG"), in its capacity as managing member of Holdings, (xiv) Oaktree Capital Group Holdings GP, LLC ("OCGH GP"), as indirect owner of the class B units of each of OCG and Atlas, (con't in FN5)

Footnote F5

(con't from FN4) (xv) Brookfield Asset Management Inc. ("BAM"), in its capacity as the indirect owner of the class A units of each of OCG and Atlas and (xvi) BAM Partners Trust ("BAM Partnership"), in its capacity as the sole owner of Class B Limited Voting Shares of BAM.

SEC remarks

Form 1 of 2