SEC Form 4 · accession 0000919574-18-001884
Seritage Growth Properties · SRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce R Berkowitz
10% Owner
Period of report
Feb 13, 2018
Accepted (ET)
Feb 15, 2018 · 5:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001628063
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class C Non-Voting Common Shares, $0.01 par valueF2 | Feb 13, 2018 | J | 25,000 | $39.25 | D | 264,482 | I | See Footnote |
| Class A Common Shares, $0.01 par valueF2 | Feb 13, 2018 | J | 25,000 | $39.25 | A | 0 | I | See Footnote |
| Class A Common Shares, $0.01 par valueF2 | Feb 13, 2018 | J | 25,000 | $39.25 | D | 0 | I | See Footnote |
| Class C Non-Voting Common Shares, $0.01 par value | Feb 13, 2018 | J | 19,700 | $39.25 | D | 192,698 | D | |
| Class A Common Shares, $0.01 par value | Feb 13, 2018 | J | 19,700 | $39.25 | A | 0 | D | |
| Class A Common Shares, $0.01 par value | Feb 13, 2018 | J | 19,700 | $39.25 | D | 0 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The securities were held in account(s) managed indirectly by Mr. Bruce R. Berkowitz (the "Reporting Person"). The Reporting Person disclaims beneficial ownership in the account(s) except to the extent of his pecuniary interest, if any therein.
- F2The securities may be deemed to be beneficially owned by the Reporting Person because he controls the sole member of a registered investment adviser, which may be deemed to have beneficial ownership of the securities because it serves as the investment manager to separate series of a registered investment company and managed accounts. The Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F3Due to a contractual restriction on the sale of the Class C Non-Voting Common Shares, $0.01 par value ("Class C Shares"), the account(s) sold Class A Common Shares, $0.01 par value ("Class A Shares") in the market while effecting a conversion of its Class C Shares to Class A Shares (via a transfer agent).