SEC Form 4 · accession 0001526642-16-000002
Brookfield Property REIT Inc. · BPR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Marvin J Levine
Officer — EVP, Chief Legal Officer
Period of report
Jun 29, 2016
Accepted (ET)
Jun 29, 2016 · 4:09 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 29, 2016 | M | 15,000 | $14.11 | A | 22,045 | D | |
| Common Stock | Jun 29, 2016 | S | 15,000 | $29.697 | D | 7,045 | D | |
| Series A Preferred Stock | holding | — | — | — | 4,000 | 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 | $14.11 | Jun 29, 2016 | M | 15,000 | D | — | Jan 24, 2021 | Common Stock | 15,000 | 115,000 | D |
Explanation of responses
- F1Includes 1,101 shares acquired under the General Growth Properties, Inc. Employee Stock Purchase Plan on March 31, 2016 that had not been previously disclosed on Form 4.
- F2Options exercised were granted on January 24, 2011 and were fully vested on January 24, 2015.