0000899243-18-000106.txt : 20180102
0000899243-18-000106.hdr.sgml : 20180102
20180102180652
ACCESSION NUMBER: 0000899243-18-000106
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20171211
FILED AS OF DATE: 20180102
DATE AS OF CHANGE: 20180102
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: STEINBERG THOMAS M
CENTRAL INDEX KEY: 0001189702
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37420
FILM NUMBER: 18502900
MAIL ADDRESS:
STREET 1: TISCH FAMILY INTERESTS
STREET 2: 667 MADISON AVE 7TH FL
CITY: NEW YORK
STATE: NY
ZIP: 10021-8087
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: 489 FIFTH AVE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
BUSINESS PHONE: 2123557800
MAIL ADDRESS:
STREET 1: 489 FIFTH AVE, 18TH FLOOR
CITY: NEW YORK
STATE: NY
ZIP: 10017
FORMER COMPANY:
FORMER CONFORMED NAME: Seritage Growth Properties, Inc.
DATE OF NAME CHANGE: 20141215
4
1
doc4.xml
FORM 4 SUBMISSION
X0306
4
2017-12-11
0
0001628063
Seritage Growth Properties
NYSE: SRG
0001189702
STEINBERG THOMAS M
489 FIFTH AVENUE, 18TH FLOOR
NEW YORK
NY
10017
1
0
0
0
CLASS A common shares of beneficial interest
2017-12-11
4
J
0
441
A
15835
I
See footnote
Partnership Units
2017-12-11
4
J
0
7325
A
2017-12-11
Class A common shares of beneficial ownership
7325
7325
I
See footnote
Represents Class A common shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares") with a value of $40.18 per share which were distributed by ESL Partners, L.P. ("Partners") on a pro rata basis to certain partners that elected in 2017 to redeem all or a portion of their interest in the Partners.
The securities are held in the account of RSR Investments LLC, and may be deemed to be beneficially owned by Mr. Steinberg because he serves as the managing member of RSR Investments LLC. The reporting person disclaims beneficial ownership over such securities except to the extent of his pecuniary interest therein, and the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of the reported securities for purposes of Section 16 or for any other purposes.
Pursuant to the agreement of limited partnership of the Operating Partnership, the limited partnership interests (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 Seritage Growth Properties, Class A Shares at the rate of one Class A Share for each Partnership Unit redeemed.
Represents operating partnership units of Seritage Growth Properties, L.P. (the "Operating Partnership") with a value of $40.18 per unit, which were distributed by ESL Partners, L.P. ("Partners") on a pro rata basis to certain partners that elected in 2017 to redeem all or a portion of their interest in Partners, which will be converted into Class A common shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares").
Partnership Units do not expire.
Report on a separate line for each class of securities beneficially owned directly or indirectly.
/s/ Matthew E. Fernand, as attorney-in-fact
2018-01-02