ASHNER MICHAEL L 4
4 · CBL & ASSOCIATES PROPERTIES INC · Filed Jan 9, 2020
Insider Transaction Report
Form 4
ASHNER MICHAEL L
Director
Transactions
- Award
Common Stock
2020-01-06+16,026→ 11,383,091 total(indirect: see note)
Footnotes (2)
- [F1]Grant of restricted Common Stock pursuant to the terms of the CBL & Associates Properties, Inc. 2012 Stock Incentive Plan, as amended.
- [F2]11,350,000 shares are held directly by Exeter Capital Investors, L.P. ("Investors"). 33,091 shares are held by Michael L. Ashner ("Ashner") for the benefit of Investors. The general partner of Investors is Exeter Capital GP LLC ("GP"), the managing member of which is WEM Exeter LLC ("WEM"). Ashner is the managing member of WEM. On a fully diluted basis, Mr. Ashner owns 1,529,887 of the shares owned by Investors.