SEC Form 4 · accession 0000903423-16-000958
Brookfield Property REIT Inc. · BPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
Apr 5, 2016
Accepted (ET)
Apr 7, 2016 · 4:19 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001496048
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Apr 5, 2016 | S | 21,500 | $29.0782 | D | 38,480,475 | D | |
| Common StockF1,F2,F3 | Apr 6, 2016 | S | 900 | $28.9589 | D | 38,479,575 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Revere Holdings Limited ("Revere") has transferred to its direct parent and sole owner, the Abu Dhabi Investment Authority ("ADIA", together with Revere, the "Reporting Persons"), its entire holdings of 29,721,074 shares of common stock, par value $0.01 per share (the "Common Stock") of General Growth Properties, Inc. (the "Issuer") and 5,549,327 warrants representing the right to acquire 6,732,999 shares of the Common Stock (the "Warrants"). As at 6th April 2016, ADIA holds 30,083,685 shares of the Common Stock and the Warrants. In addition, ADIA may be deemed to beneficially own an aggregate of 1,662,891, additional shares of Common Stock that have been purchased for the account of ADIA by various external investment managers (collectively, the "Managed Shares").
- F2Each Reporting Person disclaims beneficial ownership of the securities reported herein, except to the extent of such Reporting Person's pecuniary interest therein, if any.
- F3Pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, as amended (the "Exchange Act"), this filing shall not be deemed an admission that the Reporting Persons are, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owners of any equity securities in excess of their respective pecuniary interests.