Howard Hughes Corp 4
4 · Howard Hughes Corp · Filed Jan 5, 2017
Insider Transaction Report
Form 4
Herlitz Grant
Interim Executive VP
Transactions
- Sale
Common stock, par value $0.01 per share
2017-01-04$114.28/sh−1,198$136,907→ 127,387 total - Tax Payment
Common stock, par value $0.01 per share
2017-01-03$114.10/sh−110,697$12,630,528→ 237,387 total - Sale
Common stock, par value $0.01 per share
2017-01-04$113.00/sh−108,802$12,294,626→ 128,585 total - Exercise/Conversion
Warrant (right to buy)
2017-01-03$2000000.00/sh−308,881$617,762,000,000→ 6,850 totalExercise: $42.23From: 2016-11-22Exp: 2017-11-22→ Common stock, par value $0.01 per share (315,731 underlying) - Gift
Warrant (right to buy)
2017-01-04$2000000.00/sh−6,850$13,700,000,000→ 0 totalExercise: $42.23From: 2016-11-22Exp: 2017-11-22→ Common stock, par value $0.01 per share (315,731 underlying) - Exercise/Conversion
Common stock, par value $0.01 per share
2017-01-03$42.23/sh+308,881$13,044,045→ 348,084 total
Holdings
- 13(indirect: By daughter)
Common stock, par value $0.01, per share
Footnotes (3)
- [F1]Represents the amount of shares withheld by The Howard Hughes Corporation (the "Company") to pay for the aggregate exercise price of the 308,881 warrant shares exercised by Mr. Herlitz.
- [F2]Represents a weighted average purchase price. The shares were purchased in multiple transactions at prices ranging from $114.29 to $114.37, inclusive. Mr. Herlitz undertakes to provide to the Company, any security holder of the Company or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each transaction price within the range set forth above.
- [F3]Represents warrant shares gifted by Mr. Herlitz to Bank of America Charitable Gift Fund.