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Seritage Growth Properties Director's Dealing 2018

Aug 16, 2018

33668_dirs_2018-08-15_9dcc53ec-9b31-401c-8a2f-18df3dfd538c.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seritage Growth Properties (SRG)
CIK: 0001628063
Period of Report: 2018-08-13

Reporting Person: Bry James Edwin (See Remarks)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2018-08-13 Class A Common Shares A 402 Acquired 10117 Direct

Footnotes

F1: Represents additional restricted shares granted under the Seritage Growth Properties 2015 Share Plan to reflect the final level of performance achievement under the terms of a performance award, consisting of restricted stock, granted on August 13, 2015, and previously included in Form 4 filings at the target level of achievement. The total number of shares subject to this performance award, including the additional shares reported herein, is 1,652, half of which vested on August 13, 2018 when the performance determination was approved by the compensation committee of the board of directors of the issuer and half of which vest on July 1, 2019, subject to the reporting person's continued employment with the issuer.

F2: Includes 6,798 unvested Restricted Share Units and Restricted Shares, as of the date of this filing.