Davidsohn Reuben Seth 4
4 · Howard Hughes Corp · Filed Apr 5, 2018
Insider Transaction Report
Form 4
Davidsohn Reuben Seth
Executive Vice President
Transactions
- Exercise/Conversion
Common stock, par value $0.01 per share
2018-04-03$57.77/sh+25,000$1,444,250→ 37,175 total - Tax Payment
Common stock, par value $0.01 per share
2018-04-03$138.24/sh−15,555$2,150,323→ 21,620 total - Exercise/Conversion
NQ Stock Option (right to buy)
2018-04-03−25,000→ 35,000 totalExercise: $57.77From: 2017-01-01Exp: 2021-02-28→ Common Stock (25,000 underlying) - Sale
Common stock, par value $0.01 per share
2018-04-03$137.10/sh−9,445$1,294,910→ 12,175 total
Footnotes (2)
- [F1]Represents the amount of shares withheld by The Howard Hughes Corporation (the "Company") to pay for the aggregate exercise price and cover Mr. Davidsohn's tax liability arising from the exercise of 25,000 options.
- [F2]Represents a weighted average sale price. The shares were sold in multiple transactions at prices ranging from $137.00 to $138.00, inclusive. Mr. Davidsohn 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 sold at each transaction price within the range set forth above.