Zwieg Hugh K 4
4 · General Growth Properties, Inc. · Filed Jan 11, 2011
Insider Transaction Report
Form 4
Zwieg Hugh K
EVP, Finance
Transactions
- Award
Stock Options (Right to Buy)
2011-01-07+100,000→ 100,000 totalExercise: $12.42From: 2010-11-09Exp: 2015-03-19→ Common Stock (100,000 underlying)
Footnotes (1)
- [F1]On November 9, 2010, Issuer became the successor of GGP, Inc. (f/k/a General Growth Properties, Inc.)("Old GGP") pursuant to a merger of Old GGP with an indirect, wholly-owned subsidiary of Issuer. The merger resulted in Issuer becoming an indirect parent company of Old GGP. On November 9, 2010, the Reporting Person's outstanding options to acquire shares of Old GGP common stock were converted, among other things, into options to acquire the same number of shares of Issuer common stock. The replacement options have the same terms and conditions as the Old GGP outstanding options but with an exercise price per share (determined by formula) that was not fixed and determinable until January 7, 2011.