Howard Hughes Corp 4
4 · Howard Hughes Corp · Filed Jun 20, 2017
Insider Transaction Report
Form 4
Weinreb David
Interim COO
Transactions
- Award
Warrant (right to buy)
2017-06-16$50000000.00/sh+1,965,409$98,270,450,000,000→ 1,965,409 totalExercise: $124.64From: 2022-06-15Exp: 2023-06-15→ Common stock, par value $0.01 per share (1,965,409 underlying)
Footnotes (2)
- [F1]Reflects shares underlying a warrant to purchase shares of common stock of The Howard Hughes Corporation (the "Company") pursuant to a warrant grant agreement, dated as of June 16, 2017, by and between the Company and Mr. Weinreb (the "Warrant Agreement").
- [F2]The warrant will become exercisable on June 15, 2022, subject to an earlier exercisable date in the event of: (a) a Change of Control of the Company (as defined in the Warrant Agreement); (b) the termination of Mr. Weinreb's employment by the Company without Cause (as defined in the Warrant Agreement); or (c) the separation of Mr. Weinreb from employment with the Company for Good Reason (as defined in the Warrant Agreement).