0000895345-20-000480.txt : 20200327
0000895345-20-000480.hdr.sgml : 20200327
20200327163951
ACCESSION NUMBER: 0000895345-20-000480
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: Fernand Matthew E
CENTRAL INDEX KEY: 0001644525
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37420
FILM NUMBER: 20752362
MAIL ADDRESS:
STREET 1: 3333 BEVERLY ROAD
STREET 2: C/O SERITAGE GROWTH PROPERTIES
CITY: HOFFMAN ESTATES
STATE: IL
ZIP: 60179
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
0001644525
Fernand Matthew E
500 FIFTH AVENUE, SUITE 1530
NEW YORK
NY
10110
true
General Counsel and EVP
Class A Common Shares
2020-03-02
4
A
0
4563
0
A
26791
D
Class A Common Shares
2020-03-02
4
A
0
2618
0
A
29409
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. Half of 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 and the remaining half will vest on January 1, 2021, subject to the reporting person's continued employment with the issuer, and will be settled within 30 days thereafter.
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 10,021 unvested Restricted Share Units, as of the date of this filing, after taking into account the transactions reported herein.
/s/ Matthew E. Fernand
2020-03-27