General Growth Properties, Inc. 4
4 · General Growth Properties, Inc. · Filed Nov 5, 2013
Insider Transaction Report
Form 4
Future Fund Board of Guardians
10% Owner
Transactions
- Other
Warrant to acquire Common Stock
2013-11-01$14.76/sh+1,765,936$26,065,215→ 12,777,778 totalFrom: 2010-11-09Exp: 2017-11-09→ Common Stock (2,018,465 underlying) - Other
Common Stock, par value $0.01 per share
2013-11-01$20.39/sh−25,093,350$511,653,407→ 0 total - Other
Common Stock, par value $0.01 per share
2013-11-01$20.39/sh−1,278,297$26,064,476→ 23,100,582 total(indirect: See footnote) - Other
Common Stock, par value $0.01 per share
2013-11-01$20.39/sh+3,271,065$66,697,015→ 25,093,350 total - Other
Warrant to acquire Common Stock
2013-11-01$14.76/sh−4,518,897$66,698,920→ 8,258,881 totalFrom: 2010-11-09Exp: 2017-11-09→ Common Stock (5,165,099 underlying)
Footnotes (4)
- [F1]As a result of the Reporting Person receiving in-kind distributions of Warrants in excess of its pro rata share (in lieu of its pro rata share of Common Stock), such transaction could be deemed to be a disposition of the Reporting Person's pecuniary interest in Common Stock in exchange for acquiring pecuniary interest in Warrants having the value of such excess.
- [F2]The Reporting Person exchanged Warrants for shares of Common Stock having the same aggregate value.
- [F3]Shares of Common Stock are held indirectly by Brookfield Retail Holdings II Sub II LLC.
- [F4]Each Warrant entitles the holder to purchase 1.143 shares of Common Stock at an initial exercise price of $10.75 per share, subject to adjustments as provided in the warrant agreement, dated as of November 9, 2010, by and among Mellon Investor Services LLC, as warrant agent, and the Issuer.