SEC Form 4 · accession 0001144204-17-052147
Brookfield Property REIT Inc. · BPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
BPY Retail III LLC
Director · 10% Owner · Other
Period of report
Oct 6, 2017
Accepted (ET)
Oct 11, 2017 · 9:02 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 Stock, par value $0.01 per shareF1,F8 | Oct 6, 2017 | M | 82,559 | $8.3621 | A | 351,958 | I | See footnote |
| Common Stock, par value $0.01 per shareF2,F8 | Oct 6, 2017 | M | 94,703 | $8.3621 | A | 403,716 | I | See footnote |
| Common Stock, par value $0.01 per shareF3,F8 | Oct 6, 2017 | M | 1,465,005 | $8.3621 | A | 5,374,254 | I | See footnote |
| Common Stock, par value $0.01 per shareF4,F8 | Oct 6, 2017 | M | 21,853 | $8.3621 | A | 92,828 | I | See footnote |
| Common Stock, par value $0.01 per shareF5,F8 | Oct 6, 2017 | M | 497,868 | $8.3621 | A | 1,842,703 | I | See footnote |
| Common Stock, par value $0.01 per shareF6,F8 | Oct 6, 2017 | M | 497,868 | $8.3621 | A | 1,849,568 | I | See footnote |
| Common Stock, par value $0.01 per share | holding | — | — | — | 18,671 | D | ||
| Common Stock, par value $0.01 per shareF7,F8 | holding | — | — | — | 79,094,965 | I | See footnote |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrants to acquire Common StockF1,F8,F9 | $8.3621 | Oct 6, 2017 | M | 64,209 | D | Nov 9, 2010 | Nov 9, 2017 | Common Stock | 82,559 | 0 | I |
| Warrants to acquire Common StockF2,F8,F9 | $8.3621 | Oct 6, 2017 | M | 73,653 | D | Nov 9, 2010 | Nov 9, 2017 | Common Stock | 94,703 | 0 | I |
| Warrants to acquire Common StockF3,F8,F9 | $8.3621 | Oct 6, 2017 | M | 1,139,373 | D | Nov 9, 2010 | Nov 9, 2017 | Common Stock | 1,465,005 | 0 | I |
| Warrants to acquire Common StockF4,F8,F9 | $8.3621 | Oct 6, 2017 | M | 16,996 | D | Nov 9, 2010 | Nov 9, 2017 | Common Stock | 21,853 | 0 | I |
| Warrants to acquire Common StockF5,F8,F9 | $8.3621 | Oct 6, 2017 | M | 387,205 | D | Nov 9, 2010 | Nov 9, 2017 | Common Stock | 497,868 | 0 | I |
| Warrants to acquire Common StockF6,F8,F9 | $8.3621 | Oct 6, 2017 | M | 387,205 | D | Nov 9, 2010 | Nov 9, 2017 | Common Stock | 497,868 | 0 | I |
Explanation of responses
- F1See Exhibit 99.1; Note 1.
- F2See Exhibit 99.1; Note 2.
- F3See Exhibit 99.1; Note 3.
- F4See Exhibit 99.1; Note 4.
- F5See Exhibit 99.1; Note 5.
- F6See Exhibit 99.1; Note 6.
- F7See Exhibit 99.1; Note 7.
- F8See Exhibit 99.1; Note 8.
- F9See Exhibit 99.1; Note 9.
Remarks
*** Brian Kingston, a Senior Managing Partner of Brookfield Asset Management Inc., a corporation formed under the laws of the Province of Ontario ("BAM"), serves on the board of directors of the Issuer as a representative of BAM and certain of its affiliates, including the Reporting Persons. The Reporting Persons are "directors by deputization" solely for purposes of Section 16 of the Securities Exchange Act of 1934.