Seritage Growth Properties — Director's Dealing 2018

Mar 5, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Seritage Growth Properties (SRG)
CIK: 0001628063
Period of Report: 2018-03-01

Reporting Person: BERKOWITZ BRUCE R (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-01	Class C Non-Voting Common Shares, $0.01 par value	J	61900	$36.65	Disposed	151182	Indirect
2018-03-01	Class A Common Shares, $0.01 par value	J	61900	$36.65	Acquired	0	Indirect
2018-03-01	Class A Common Shares, $0.01 par value	J	61900	$36.65	Disposed	0	Indirect
2018-03-01	Class C Non-Voting Common Shares, $0.01 par value	J	68200	$36.65	Disposed	84348	Direct
2018-03-01	Class A Common Shares, $0.01 par value	J	68200	$36.65	Acquired	0	Direct
2018-03-01	Class A Common Shares, $0.01 par value	J	68200	$36.65	Disposed	0	Direct
2018-03-02	Class C Non-Voting Common Shares, $0.01 par value	J	6500	$36.13	Disposed	77848	Direct
2018-03-02	Class A Common Shares, $0.01 par value	J	6500	$36.13	Acquired	0	Direct
2018-03-02	Class A Common Shares, $0.01 par value	J	6500	$36.13	Disposed	0	Direct
2018-03-02	Class C Non-Voting Common Shares, $0.01 par value	J	11100	$36.13	Disposed	140082	Indirect
2018-03-02	Class A Common Shares, $0.01 par value	J	11100	$36.13	Acquired	0	Indirect
2018-03-02	Class A Common Shares, $0.01 par value	J	11100	$36.13	Disposed	0	Indirect

Footnotes

F1: The securities were held in account(s) managed indirectly by Mr. Bruce R. Berkowitz (the "Reporting Person"). The Reporting Person disclaims beneficial ownership in the account(s) except to the extent of his pecuniary interest, if any therein.

F2: The securities may be deemed to be beneficially owned by the Reporting Person because he controls the sole member of a registered investment adviser, which may be deemed to have beneficial ownership of the securities because it serves as the investment manager to separate series of a registered investment company and managed accounts. The Reporting Person disclaims beneficial ownership in the securities reported on this Form 4 except to the extent of his pecuniary interest, if any, therein, and this report shall not be deemed to be an admission that the Reporting Person is the beneficial owner of such securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.

F3: Due to a contractual restriction on the sale of the Class C Non-Voting Common Shares, $0.01 par value ("Class C Shares"), the account(s) sold Class A Common Shares, $0.01 par value ("Class A Shares") in the market while effecting a conversion of its Class C Shares to Class A Shares (via a transfer agent).