SEC Form 4 · accession 0001473158-16-000012
Brookfield Property REIT Inc. · BPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tara Marszewski
Officer — SVP, Chief Accounting Officer
Period of report
Aug 5, 2016
Accepted (ET)
Aug 8, 2016 · 4:27 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 | Aug 5, 2016 | M | 5,419 | $19.24 | A | 7,992 | D | |
| Common Stock | Aug 5, 2016 | M | 5,000 | $20.61 | A | 12,992 | D | |
| Common StockF1 | Aug 5, 2016 | S | 10,419 | $31.0114 | D | 2,573 | 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)F2 | $19.24 | Aug 5, 2016 | M | 5,419 | D | — | Jan 7, 2023 | Common Stock | 5,419 | 3,613 | D |
| Stock Options (Right to Buy) | $20.61 | Aug 5, 2016 | M | 5,000 | D | Nov 12, 2014 | Nov 12, 2023 | Common Stock | 5,000 | 25,000 | D |
Explanation of responses
- F1The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.01 to $31.02. 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.
- F2Options exercised were granted on January 7, 2013. Options exercised vested one-third on each of January 7, 2014, January 7, 2015 and January 7, 2016.