SEC Form 4 · accession 0001179110-17-009265
Howard Hughes Corp · HHC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Weinreb
Officer — Chief Executive Officer · Director
Period of report
Jun 15, 2017
Accepted (ET)
Jun 19, 2017 · 4:33 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 share | Jun 15, 2017 | M | 2,367,985 | $42.23 | A | 2,377,985 | D | |
| Common stock, par value $0.01 per shareF1,F2 | Jun 15, 2017 | F | 753,182 | $132.77 | D | 1,624,803 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Warrant (right to buy) | $42.23 | Jun 15, 2017 | M | 2,367,985 | D | Nov 22, 2016 | Nov 21, 2017 | Common stock, par value $0.01 per share | 2,367,985 | 0 | D |
Explanation of responses
- F1Represents the amount of shares withheld by The Howard Hughes Corporation (the "Company") to pay for the aggregate exercise price of the 2,367,985 shares of common stock of the Company covered by the warrant agreement, dated as of November 22, 2010, by and between the Company and Mr. Weinreb (the "Warrant Agreement").
- F2Price was determined under the formula set forth in the Warrant Agreement.