0000895345-20-000483.txt : 20200327 0000895345-20-000483.hdr.sgml : 20200327 20200327164316 ACCESSION NUMBER: 0000895345-20-000483 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20200302 FILED AS OF DATE: 20200327 DATE AS OF CHANGE: 20200327 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Schall Benjamin CENTRAL INDEX KEY: 0001544531 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-37420 FILM NUMBER: 20752413 MAIL ADDRESS: STREET 1: 261 BROADWAY STREET 2: NO.11B CITY: NEW YORK STATE: NY ZIP: 10007 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 form4.xml X0306 4 2020-03-02 0001628063 Seritage Growth Properties SRG 0001544531 Schall Benjamin 500 FIFTH AVENUE, SUITE 1530 NEW YORK NY 10110 true true CEO, President Class A Common Shares 2020-03-02 4 A 0 28578 0 A 272021 D Class A Common Shares 2020-03-02 4 A 0 15700 0 A 287721 D Represents Restricted Share Units awarded under the terms of a performance award previously granted to the reporting person under the Seritage Growth Properties 2015 Share Plan on February 27, 2017 based on a per share grant date value of $47.31 and covering the performance period January 1, 2017 to December 31, 2019. Such number of Restricted Share Units is based on the determination by the compensation committee of the board of directors of the issuer of the applicable level of performance achievement. The reported number of Restricted Share Units vested on March 2, 2020, when the performance determination was approved, and were settled in Class A common shares of the issuer on March 25, 2020. Represents a grant of Restricted Share Units awarded under the Seritage Growth Properties 2015 Share Plan on March 2, 2020 based on a per share grant date value of $33.44. This award will vest in substantially equal installments on the anniversaries of the date of grant in 2021, 2022 and 2023. Includes 51,644 unvested Restricted Share Units, as of the date of this filing, after taking into account the transactions reported herein. /s/ Matthew E. Fernand, as attorney-in-fact 2020-03-27