SEC Form 4 · accession 0001144204-15-043742
Seritage Growth Properties · SRG
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owners
Kenneth C Griffin
10% Owner
CITADEL SECURITIES LLC
10% Owner
Citadel GP LLC
10% Owner
CITADEL ADVISORS LLC
10% Owner
Surveyor Capital Ltd.
10% Owner
Citadel Advisors Holdings III LP
10% Owner
Period of report
Jul 8, 2015
Accepted (ET)
Jul 22, 2015 · 6:47 pm EDT
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 A common sharesF1,F2,F18 | Jul 8, 2015 | P | 1,025 | $37.00 | A | 74 | I | See footnotes |
| Class A common sharesF1,F3,F18 | Jul 8, 2015 | S | 1,495 | $37.00 | D | 1,569 | I | See footnotes |
| Class A common sharesF1,F4,F18 | Jul 9, 2015 | P | 7,736 | $37.35 | A | 6,167 | I | See footnotes |
| Class A common sharesF1,F5,F18 | Jul 9, 2015 | S | 9,723 | $37.34 | D | 3,556 | I | See footnotes |
| Class A common sharesF1,F6,F18 | Jul 10, 2015 | P | 5,710 | $37.50 | A | 2,154 | I | See footnotes |
| Class A common sharesF1,F7,F18 | Jul 10, 2015 | S | 4,811 | $37.50 | D | 2,657 | I | See footnotes |
| Class A common sharesF1,F8,F18 | Jul 13, 2015 | P | 12,370 | $37.43 | A | 9,713 | I | See footnotes |
| Class A common sharesF1,F9,F18 | Jul 13, 2015 | S | 12,379 | $37.43 | D | 2,666 | I | See footnotes |
| Class A common sharesF1,F10,F18 | Jul 14, 2015 | P | 553 | $37.39 | A | 2,113 | I | See footnotes |
| Class A common sharesF1,F11,F18 | Jul 14, 2015 | S | 230 | $37.43 | D | 2,343 | I | See footnotes |
| Class A common sharesF1,F12,F18 | Jul 15, 2015 | P | 7,626 | $37.40 | A | 5,283 | I | See footnotes |
| Class A common sharesF1,F13,F18 | Jul 15, 2015 | S | 8,226 | $37.42 | D | 2,943 | I | See footnotes |
| Class A common sharesF1,F14,F18 | Jul 16, 2015 | P | 7,715 | $37.94 | A | 4,772 | I | See footnotes |
| Class A common sharesF1,F15,F18 | Jul 16, 2015 | S | 7,502 | $37.92 | D | 2,730 | I | See footnotes |
| Class A common sharesF1,F16,F18 | Jul 17, 2015 | P | 4,597 | $39.01 | A | 1,867 | I | See footnotes |
| Class A common sharesF1,F18 | Jul 17, 2015 | P | 20 | $38.49 | A | 1,887 | I | See footnotes |
| Class A common sharesF1,F17,F18 | Jul 17, 2015 | S | 3,280 | $39.00 | D | 1,393 | I | See footnotes |
| Class A common sharesF1,F18,F19 | Jul 17, 2015 | S | 607 | $38.46 | D | 2,000 | I | See footnotes |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1This security is owned by Citadel Securities LLC ("Citadel Securities").
- F10This price represents the weighted average purchase price. The purchase prices for these transactions ranged from $37.38 to $37.42. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price. The number reported in column 5 is a negative number.
- F11This price represents the weighted average sale price. The sale prices for these transactions ranged from $37.42 to $37.45. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price. The number reported in column 5 is a negative number.
- F12This price represents the weighted average purchase price. The purchase prices for these transactions ranged from $37.04 to $37.80. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F13This price represents the weighted average sale price. The sale prices for these transactions ranged from $37.09 to $37.78. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price. The number reported in column 5 is a negative number.
- F14This price represents the weighted average purchase price. The purchase prices for these transactions ranged from $37.80 to $38.00. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F15This price represents the weighted average sale price. The sale prices for these transactions ranged from $37.80 to $38.00. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price. The number reported in column 5 is a negative number.
- F16This price represents the weighted average purchase price. The purchase prices for these transactions ranged from $38.78 to $39.50. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F17This price represents the weighted average sale price. The sale prices for these transactions ranged from $38.60 to $39.54. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price. The number reported in column 5 is a negative number.
- F18Citadel Advisors LLC ("Citadel Advisors"), a registered investment adviser, is the portfolio manager for Surveyor and EDMF. Citadel Advisors Holdings III LP ("CAH3") is the managing member of Citadel Advisors. CALC III LP ("CALC3") is the non-member manager of Citadel Securities LLC ("Citadel Securities"). Citadel GP LLC ("CGP") is the general partner of CALC3 and CAH3. Mr. Griffin is the President and Chief Executive Officer of, and owns a controlling interest in, CGP.
- F19This price represents the weighted average sale price. The sale prices for these transactions ranged from $38.39 to $38.50. The Reporting Person undertakes to provide upon the request for the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price. The number reported in column 5 is a negative number.
- F2This price represents the weighted average purchase price. The purchase prices for these transactions ranged from $36.99 to $37.01. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price. The number reported in column 5 is a negative number.
- F3This price represents the weighted average sale price. The sale prices for these transactions ranged from $36.99 to $37.01. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares sold at each separate price. The number reported in column 5 is a negative number.
- F4This price represents the weighted average purchase price. The purchase prices for these transactions ranged from $37.23 to $37.45. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F5This price represents the weighted average sale price. The sale prices for these transactions ranged from $37.20 to $37.45. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price. The number reported in column 5 is a negative number.
- F6This price represents the weighted average purchase price. The purchase prices for these transactions ranged from $37.45 to $37.50. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F7This price represents the weighted average sale price. The sale prices for these transactions ranged from $37.49 to $37.50. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price. The number reported in column 5 is a negative number.
- F8This price represents the weighted average purchase price. The purchase prices for these transactions ranged from $37.16 to $37.47. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price.
- F9This price represents the weighted average sale price. The sale prices for these transactions ranged from $37.25 to $37.48. The Reporting Person undertakes to provide upon the request of the Securities and Exchange Commission, the issuer or a security holder of the issuer, full information regarding the number of shares purchased at each separate price. The number reported in column 5 is a negative number.
Remarks
Each of the Reporting Persons expressly disclaims beneficial ownership of the securities described herein except to the extent of such person's pecuniary interest therein. This is part 2 of 2. The Reporting Persons notified the issuer that they intend to reimburse the issuer for the short swing profits (if any) with respect to the trades reported herein.