CBL & ASSOCIATES PROPERTIES INC 4
4 · CBL & ASSOCIATES PROPERTIES INC · Filed Feb 16, 2016
Insider Transaction Report
Form 4
LANDRESS BEN S
Exec VP - Management
Transactions
- Award
Common Stock
2016-02-12+5,500→ 266,557.31 total
Holdings
- 800(indirect: By Trust)
Preferred Series E Depositary Shares
- 74,536(indirect: By Trust)
Common Stock
- 1,000(indirect: By Trust)
Preferred Series D Depositary Shares
- 120,480
Common Units
Exp: 2043-11-03→ Common Stock (120,480 underlying)
Footnotes (5)
- [F1]Grant of restricted Common Stock pursuant to the terms of the CBL & Associates Properties, Inc. 2012 Stock Incentive Plan, as amended.
- [F2]Additionally, 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 120,480 shares of the Issuer's Common Stock (on a one-for-one basis) or cash, at the Issuer's election.
- [F3]The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- [F4]The Common Units are exerciseable on a 1 to 1 ratio with no exercise price.
- [F5]Immediately exercisable.