0001473158-17-000010.txt : 20170105
0001473158-17-000010.hdr.sgml : 20170105
20170105175536
ACCESSION NUMBER: 0001473158-17-000010
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170103
FILED AS OF DATE: 20170105
DATE AS OF CHANGE: 20170105
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: General Growth Properties, Inc.
CENTRAL INDEX KEY: 0001496048
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 272963337
STATE OF INCORPORATION: DE
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 110 N. WACKER DRIVE
CITY: CHICAGO
STATE: IL
ZIP: 60606
BUSINESS PHONE: 312-960-5000
MAIL ADDRESS:
STREET 1: 110 N. WACKER DRIVE
CITY: CHICAGO
STATE: IL
ZIP: 60606
FORMER COMPANY:
FORMER CONFORMED NAME: New GGP, Inc.
DATE OF NAME CHANGE: 20100706
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Pesin Richard
CENTRAL INDEX KEY: 0001510265
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-34948
FILM NUMBER: 17512145
MAIL ADDRESS:
STREET 1: C/O GENERAL GROWTH PROPERTIES, INC.
STREET 2: 110 NORTH WACKER DRIVE
CITY: CHICAGO
STATE: IL
ZIP: 60606
4
1
primary_doc.xml
PRIMARY DOCUMENT
X0306
4
2017-01-03
0
0001496048
General Growth Properties, Inc.
GGP
0001510265
Pesin Richard
C/O GENERAL GROWTH PROPERTIES, INC.
110 NORTH WACKER DRIVE
CHICAGO
IL
60606
0
1
0
0
EVP, Anchors, Dev. & Construct
LTIP Units
0
2017-01-03
4
A
0
39045
0
A
Common Stock
40597
39045
D
The reporting person received a grant of restricted limited partnership interests ("Limited FV LTIP Units") in GGP Operating Partnership, LP (the "Operating Partnership"), an operating partnership of General Growth Properties, Inc. (the "Company"), pursuant to the General Growth Properties, Inc. 2010 Equity Incentive Plan. Limited FV LTIP Units are a class of units of the Operating Partnership that, conditioned upon minimum allocations to the capital accounts of the Limited FV LTIP Units for federal income tax purposes, are convertible by the holder into an equivalent number of common units of the Operating Partnership ("OP Units"), which are redeemable by the holder for common shares of the Company on an approximately one-for-one basis or the cash value of such shares, at the Company's option. Allocations to the capital accounts of Limited FV LTIP Units will be made only to the extent the book gains exceed prior book losses incurred since the issuance of such Limited FV LTIP Units.
The grant vests in 25% increments on each of January 3, 2018, January 3, 2019, January 3, 2020 and January 3, 2021. The rights to convert Limited FV LTIP Units into OP Units and redeem OP Units do not have expiration dates.
/s/ Stacie L. Herron, by power of attorney
2017-01-05