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CBL & ASSOCIATES PROPERTIES INC Director's Dealing 2015

Feb 17, 2015

32287_dirs_2015-02-17_31f2220f-3307-4f7a-beaa-0fc9a8c34222.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: CBL & ASSOCIATES PROPERTIES INC (CBL)
CIK: 0000910612
Period of Report: 2015-02-13

Reporting Person: LEBOVITZ STEPHEN D (Director, President and CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2015-02-13 Common Stock F 7770 $20.78 Disposed 813526.91 Direct

Holdings (Non-Derivative)

Security Shares Ownership
Common Stock 1150 Indirect
Common Stock 39713.9718 Indirect

Holdings (Derivative)

Security Exercise Price Expiration Underlying Shares Ownership
Common Units $ 2043-11-03 Common Stock (480297) 480297 Direct

Footnotes

F1: Additionally, the Reporting Person owns a limited partnership interest in CBL & Associates Limited Partnership, a Delaware limited partnership, that may be exchanged at any time for an aggregate of 480,297 shares of the Issuer's Common Stock (on a one-for-one basis) or cash, at the Issuer's election.

F2: The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.

F3: The Common Units are exercisable on a 1 to 1 ratio with no exercise price.

F4: Immediately exercisable.