SEC Form 4 · accession 0001179110-16-025991
Howard Hughes Corp · HHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Grant Herlitz
Officer — President
Period of report
Jun 1, 2016
Accepted (ET)
Jun 3, 2016 · 5:00 pm EDT
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 stock, par value $0.01 per shareF1 | Jun 1, 2016 | G | 13 | $109.34 | A | 13 | I | By daughter |
| Common stock, par value $0.01 per shareF2,F3,F4,F5 | holding | — | — | — | 39,203 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This transaction involved a gift of securities by David Weinreb to Mr. Herlitz' daughter, who shares Mr. Herlitz' household. Mr. Herlitz disclaims beneficial ownership of the shares held by his daughter, and this report should not be deemed an admission that Mr. Herlitz is the beneficial owner of his daughter's shares for the purposes of Section 16 or otherwise. The securities will be transferred on the settlement date of the purchase thereof.
- F2Included in this amount are 9,097 shares of restricted stock granted to the reporting person on June 6, 2013 pursuant to The Howard Hughes Corporation Amended and Restated Incentive Plan. The shares vest on December 31, 2017.
- F3Included in this amount are 6,945 shares of restricted stock granted to the reporting person on March 21, 2014 pursuant to The Howard Hughes Corporation Amended and Restated Incentive Plan. The shares vest on December 31, 2018.
- F4Included in this amount are 10,121 shares of restricted stock granted to the reporting person on February 26, 2015 pursuant to The Howard Hughes Corporation Amended and Restated Incentive Plan. The shares vest on December 31, 2019.
- F5Included in this amount are 13,040 shares of restricted stock granted to the reporting person on February 25, 2016 pursuant to The Howard Hughes Corporation Amended and Restated Incentive Plan. The shares vest on December 31, 2020.