SEC Form 4 · accession 0000899243-18-000396
Howard Hughes Corp · HHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Saul Adam Scherl
Officer — Executive Vice President
Period of report
Dec 31, 2017
Accepted (ET)
Jan 4, 2018 · 6:05 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001498828
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 31, 2017 | F | 220 | $131.27 | D | 4,069 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 428 time-based shares of restricted stock granted in 2017. The grant of such restricted stock was made under The Howard Hughes Corporation Amended and Restated 2010 Incentive Plan (the "Plan"). No shares were sold by the Issuer or the reporting person.
- F2Includes 2,145 shares of restricted stock previously granted to Mr. Scherl under the Plan, which are performance-based and vest on the achievement of certain shareholder return thresholds.