Scherl Saul Adam 4
4 · Howard Hughes Corp · Filed Jan 4, 2018
Insider Transaction Report
Form 4
Scherl Saul Adam
Executive Vice President
Transactions
- Tax Payment
Common Stock
2017-12-31$131.27/sh−220$28,879→ 4,069 total
Footnotes (2)
- [F1]Represents shares of common stock withheld by the Issuer to satisfy certain tax withholding obligations upon the vesting of 428 time-based shares of restricted stock granted in 2017. The grant of such restricted stock was made under The Howard Hughes Corporation Amended and Restated 2010 Incentive Plan (the "Plan"). No shares were sold by the Issuer or the reporting person.
- [F2]Includes 2,145 shares of restricted stock previously granted to Mr. Scherl under the Plan, which are performance-based and vest on the achievement of certain shareholder return thresholds.