ASHNER MICHAEL L 4
4 · CBL & ASSOCIATES PROPERTIES INC · Filed Feb 26, 2020
Insider Transaction Report
Form 4
ASHNER MICHAEL L
Director
Transactions
- Purchase
Common Stock
2020-02-24$0.54/sh+950,000$513,000→ 12,333,091 total(indirect: see note) - Purchase
Common Stock
2020-02-25$0.52/sh+900,000$468,000→ 13,233,091 total(indirect: see note) - Purchase
Common Stock
2020-02-26$0.51/sh+900,000$459,000→ 14,133,091 total(indirect: see note)
Footnotes (1)
- [F1]14,100,000 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 1,895,040 of the shares owned by Investors