SEC Form 4 · accession 0001622517-15-000010
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
Mar 25, 2015
Accepted (ET)
Mar 25, 2015 · 5:31 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 | Mar 25, 2015 | M | 200,000 | $14.11 | A | 204,914 | D | |
| Common StockF2 | Mar 25, 2015 | S | 200,000 | $30.6023 | D | 4,914 | 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 | Mar 25, 2015 | M | 200,000 | D | Jan 24, 2012 | Jan 24, 2021 | Common Stock | 200,000 | 200,000 | D |
Explanation of responses
- F1Includes 4904 shares acquired under the General Growth Properties, Inc. Employee Stock Purchase Plan from June 29, 2012 to March 31, 2014. Also includes 10 shares acquired by way of dividend reinvestment on July 30, 2012.
- F2The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.56 to $30.68. 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.
- F3The options vested in equal installments on January 24, 2011 and January 24, 2012.