SEC Form 4 · accession 0001266261-16-000005
Brookfield Property REIT Inc. · BPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Alan J Barocas
Officer — Sr. EVP, Leasing
Period of report
Jun 28, 2016
Accepted (ET)
Jun 28, 2016 · 5:58 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 | Jun 28, 2016 | M | 125,000 | $14.11 | A | 132,045 | D | |
| Common StockF2 | Jun 28, 2016 | S | 125,000 | $29.276 | D | 7,045 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to Buy)F3 | $14.11 | Jun 28, 2016 | M | 125,000 | D | — | Jan 24, 2021 | Common Stock | 125,000 | 75,000 | D |
Explanation of responses
- F1Includes 2,131 shares acquired under the General Growth Properties, Inc. Employee Stock Purchase Plan from March 31, 2015 to March 31, 2016 that had not been previously disclosed on Form 4.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.20 to $29.36. The reporting person undertakes to provide General Growth Properties, any security holder of General Growth Properties, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F3Options exercised were granted on January 24, 2011 and were fully vested as of January 24, 2015.