Riley Peter F 4
4 · Howard Hughes Corp · Filed Nov 9, 2017
Insider Transaction Report
Form 4
Riley Peter F
Secretary and General Counsel
Transactions
- Award
Common stock, par value $0.01 per share
2017-11-08+10,000→ 45,875 total
Footnotes (2)
- [F1]Represents restricted stock granted to Mr. Riley pursuant to that certain Restricted Stock Agreement, dated November 8, 2017 (the "Restricted Stock Agreement"), by and between Mr. Riley and The Howard Hughes Corporation (the "Company"). The Restricted Stock Agreement provides for time-based vesting. 100% of the restricted stock granted pursuant to the Restricted Stock Agreement shall vest and become non-forfeitable on November 8, 2022. The restricted stock was granted from shares reserved under The Howard Hughes Corporation Amended and Restated 2010 Incentive Plan (the "Plan") and is subject to the terms of the Plan and the Restricted Stock Agreement.
- [F2]Includes 14,775 shares of restricted stock previously granted to Mr. Riley under the Plan, which are performance-based and vest on the achievement of certain shareholder return thresholds.