4//SEC Filing
Bry James Edwin 4
Accession 0000895345-21-000278
CIK 0001628063other
Filed
Mar 8, 7:00 PM ET
Accepted
Mar 9, 9:40 PM ET
Size
9.0 KB
Accession
0000895345-21-000278
Insider Transaction Report
Form 4
Bry James Edwin
See Remarks
Transactions
- Award
Class A Common Shares
2021-03-05+8,263→ 23,101 total - Award
Class A Common Shares
2021-03-05+5,449→ 28,550 total - Award
Class A Common Shares
2021-03-05+1,899→ 14,838 total
Footnotes (4)
- [F1]Represents Restricted Share Units earned under the terms of an annual performance award previously granted to the reporting person under the Seritage Growth Properties 2015 Share Plan on March 2, 2018 covering the performance period January 1, 2018 to December 31, 2020. Such number of Restricted Share Units is based on the determination by the compensation committee of the board of trustees of the issuer of the applicable level of performance achievement. These Restricted Share Units vested on March 5, 2021, when the performance determination was approved, and will be settled within 30 days thereafter.
- [F2]Represents Restricted Share Units earned under the terms of a retention performance award previously granted to the reporting person under the Seritage Growth Properties 2015 Share Plan on May 2, 2018 and covering the performance period January 1, 2018 to December 31, 2020. Such number of Restricted Share Units is based on the determination by the compensation committee of the board of trustees of the issuer of the applicable level of performance achievement. These Restricted Share Units vest on May 2, 2021 and will be settled within 30 days thereafter.
- [F3]Represents grants of Restricted Share Units awarded under the Seritage Growth Properties 2015 Share Plan on March 5, 2021 based on a per share grant date value of $21.47. Each of these awards will vest in substantially equal installments on the anniversaries of the date of grant in 2022, 2023 and 2024.
- [F4]Includes 16,021 unvested RSUs, as of the date of this filing, after taking into account the transaction reported herein.
Documents
Issuer
Seritage Growth Properties
CIK 0001628063
Entity typeother
Related Parties
1- filerCIK 0001644905
Filing Metadata
- Form type
- 4
- Filed
- Mar 8, 7:00 PM ET
- Accepted
- Mar 9, 9:40 PM ET
- Size
- 9.0 KB