SEC Form 4 · accession 0001127602-16-065334
CBL & ASSOCIATES PROPERTIES INC · CBL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Stephen D Lebovitz
Officer — President and CEO · Director
Period of report
Oct 14, 2016
Accepted (ET)
Oct 27, 2016 · 11:28 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000910612
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Oct 14, 2016 | J | 386 | $11.795 | A | 33,542 | I | UGMA/UTMA Cust for Sons |
| Common StockF3 | holding | — | — | — | 875,710 | D | ||
| Common StockF2 | holding | — | — | — | 1,150 | I | By Spouse | |
| Common StockF2 | holding | — | — | — | 10,383 | I | By Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Common UnitsF4,F5 | — | holding | — | — | — | — | Nov 3, 2043 | Common Stock | 480,297 | 480,297 | D |
| Common UnitsF2,F4,F5 | — | holding | — | — | — | — | Nov 3, 2043 | Common Stock | 49,365 | 49,365 | I |
| Common UnitsF2,F4,F5 | — | holding | — | — | — | — | Nov 3, 2043 | Common Stock | 9,650 | 9,650 | I |
Explanation of responses
- F1The shares were acquired via the Company's Dividend Reinvestment Plan.
- F2The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F3Additionally, the Reporting Person owns a limited partnership interest in CBL & Associates Limited Partnership, a Delaware limited partnership, that may be exchanged at any time for an aggregate of 480,297 shares of the Issuer's Common Stock (on a one-for-one basis) or cash, at the Issuer's election.
- F4The Common units are exercisable on a 1 to 1 ratio with no exercise price.
- F5Immediately exercisable.