Howard Hughes Corp 4
4 · Howard Hughes Corp · Filed Jun 19, 2017
Insider Transaction Report
Form 4
Weinreb David
Interim COO
Transactions
- Exercise/Conversion
Common stock, par value $0.01 per share
2017-06-15$42.23/sh+2,367,985$100,000,007→ 2,377,985 total - Exercise/Conversion
Warrant (right to buy)
2017-06-15$15000000.00/sh−2,367,985$35,519,775,000,000→ 0 totalExercise: $42.23From: 2016-11-22Exp: 2017-11-21→ Common stock, par value $0.01 per share (2,367,985 underlying) - Tax Payment
Common stock, par value $0.01 per share
2017-06-15$132.77/sh−753,182$99,999,974→ 1,624,803 total
Footnotes (2)
- [F1]Represents the amount of shares withheld by The Howard Hughes Corporation (the "Company") to pay for the aggregate exercise price of the 2,367,985 shares of common stock of the Company covered by the warrant agreement, dated as of November 22, 2010, by and between the Company and Mr. Weinreb (the "Warrant Agreement").
- [F2]Price was determined under the formula set forth in the Warrant Agreement.