Home/Filings/4/0001622517-15-000003
4//SEC Filing

General Growth Properties, Inc. 4

Accession 0001622517-15-000003

CIK 0001496048operating

Filed

Jan 7, 7:00 PM ET

Accepted

Jan 8, 5:20 PM ET

Size

6.2 KB

Accession

0001622517-15-000003

Insider Transaction Report

Form 4
Period: 2015-01-06
Barocas Alan J
Sr. EVP, Mall Leasing
Transactions
  • Award

    LTIP Units

    2015-01-06+60,20060,200 total
    Exercise: $0.00Common Stock (60,200 underlying)
Footnotes (1)
  • [F1]The reporting person received a grant of restricted limited partnership interests ("FV LTIP Units") in GGP Operating Partnership, LP (the "Operating Partnership"), an operating partnership of General Growth Properties, Inc. (the "Company"), pursuant to the General Growth Properties, Inc. 2010 Equity Incentive Plan. FV LTIP Units are a class of units of the Operating Partnership that, conditioned upon minimum allocations to the capital accounts of the FV LTIP Units for federal income tax purposes, are convertible by the holder into an equivalent number of common units of the Operating Partnership ("OP Units"), which are redeemable by the holder for common shares of the Company on an approximately one-for-one basis or the cash value of such shares, at the Company's option. The grant vests in 25% increments on each of January 6, 2016, January 6, 2017, January 6, 2018 and January 6, 2019. The rights to convert FV LTIP Units into OP Units and redeem OP Units do not have expiration dates.

Issuer

General Growth Properties, Inc.

CIK 0001496048

Entity typeoperating
IncorporatedDE

Related Parties

1
  • filerCIK 0001496048

Filing Metadata

Form type
4
Filed
Jan 7, 7:00 PM ET
Accepted
Jan 8, 5:20 PM ET
Size
6.2 KB