0000899243-18-012175.txt : 20180509
0000899243-18-012175.hdr.sgml : 20180509
20180509193031
ACCESSION NUMBER: 0000899243-18-012175
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20180507
FILED AS OF DATE: 20180509
DATE AS OF CHANGE: 20180509
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LAMPERT EDWARD S
CENTRAL INDEX KEY: 0001183200
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37420
FILM NUMBER: 18820096
MAIL ADDRESS:
STREET 1: 1170 KANE CONCOURSE
STREET 2: SUITE 200
CITY: BAY HARBOUR
STATE: FL
ZIP: 33154
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Seritage Growth Properties
CENTRAL INDEX KEY: 0001628063
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500]
IRS NUMBER: 383976287
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 500 FIFTH AVENUE
STREET 2: SUITE 1530
CITY: NEW YORK
STATE: NY
ZIP: 10110
BUSINESS PHONE: 2123557800
MAIL ADDRESS:
STREET 1: 500 FIFTH AVENUE
STREET 2: SUITE 1530
CITY: NEW YORK
STATE: NY
ZIP: 10110
FORMER COMPANY:
FORMER CONFORMED NAME: Seritage Growth Properties, Inc.
DATE OF NAME CHANGE: 20141215
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2018-05-07
0
0001628063
Seritage Growth Properties
SRG
0001183200
LAMPERT EDWARD S
1170 KANE CONCOURSE, SUITE 200
BAY HARBOR ISLANDS
FL
33154
0
0
0
1
Trustee
Class A Common Shares
2018-05-07
4
J
0
104522
0.00
D
242187
I
See Footnotes
Class A Common Shares
2018-05-07
4
C
0
98923
A
341110
I
See Footnotes
Class A Common Shares
608253
D
Partnership Units
2018-05-07
4
C
0
98923
D
2016-07-07
Class A Common Shares
6028281
6028281
I
See Footnotes
Partnership Units
2016-07-07
Class A Common Shares
14090941
14090941
D
Represents Class A common shares of beneficial interest of Seritage Growth Properties (the "Issuer"), par value $0.01 per share ("Class A Shares"), that were distributed by ESL Partners, L.P. ("Partners") on a pro rata basis to certain limited partners that elected in 2017 to redeem all or a portion of their interest in Partners.
This statement is filed by and on behalf of Edward S. Lampert. Mr. Lampert and Partners are the direct beneficial owners of the securities covered by this statement.
The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
RBS Partners, L.P. ("RBS") is the general partner of, and may be deemed to beneficially own securities owned by, Partners. Mr. Lampert is a limited partner of, and may be deemed to beneficially own certain securities owned by, RBS. ESL Investments, Inc. ("ESL") is the general partner of, and may be deemed to beneficially own securities owned by, RBS. Mr. Lampert is the Chairman, Chief Executive Officer and Director of, and may be deemed to beneficially own securities owned by, ESL.
Represents Class A Shares directly beneficially owned by Partners.
Partners redeemed 98,923 limited partnership interests ("Partnership Units") of Seritage Growth Properties, L.P. (the "Operating Partnership"), of which the Issuer is the general partner.
Pursuant to the agreement of limited partnership of the Operating Partnership, the Partnership Units of the Operating Partnership may be redeemed, at the request of the holder of such Partnership Units, for a determinable amount in cash, or at the option of the Issuer, Class A Shares at the rate of one Class A Share for each Partnership Unit redeemed.
The Issuer elected to redeem the 98,923 Partnership Units of Partners with 98,923 Class A Shares. The redemption of Partnership Units by the Issuer with Class A Shares, and the receipt of such Class A Shares by Partners, is exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16b-6(b) thereunder.
The Partnership Units do not expire.
Represents Partnership Units directly beneficially owned by Partners.
/s/ Edward S. Lampert
2018-05-09