0000895345-21-000366.txt : 20210318
0000895345-21-000366.hdr.sgml : 20210318
20210318200238
ACCESSION NUMBER: 0000895345-21-000366
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210305
FILED AS OF DATE: 20210318
DATE AS OF CHANGE: 20210318
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Galvin Andrew
CENTRAL INDEX KEY: 0001851284
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37420
FILM NUMBER: 21756125
MAIL ADDRESS:
STREET 1: SERITAGE GROWTH PROPERTIES
STREET 2: 500 FIFTH AVENUE, SUITE 1530
CITY: NEW YORK
STATE: NY
ZIP: 10110
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Seritage Growth Properties
CENTRAL INDEX KEY: 0001628063
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500]
IRS NUMBER: 383976287
STATE OF INCORPORATION: MD
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
2021-03-05
0001628063
Seritage Growth Properties
SRG
0001851284
Galvin Andrew
SERITAGE GROWTH PROPERTIES
500 FIFTH AVENUE, SUITE 1530
NEW YORK
NY
10110
true
EVP of Investments
Class A Common Shares
2021-03-05
4
A
0
1602
0
A
4572
D
Class A Common Shares
2021-03-05
4
A
0
7998
0
A
12570
D
Class A Common Shares
2021-03-16
4
F
0
1094
20.73
D
11476
D
Class A Common Shares
2021-03-16
4
F
0
145
23.16
D
11331
D
Represents Restricted Share Units ("RSUs") earned under the terms of an annual performance award previously granted to the reporting person under the Seritage Growth Properties 2015 Share Plan on March 2, 2018 covering the performance period January 1, 2018 to December 31, 2020. Such number of RSUs is based on the determination by the compensation committee of the board of trustees of the issuer of the applicable level of performance achievement. These RSUs vested on March 5, 2021, when the performance determination was approved, and were settled on March 16, 2021.
Represents grants of RSUs awarded under the Seritage Growth Properties 2015 Share Plan on March 5, 2021 based on a per share grant date value of $21.47. Each of these awards will vest in substantially equal installments on the anniversaries of the date of grant in 2022, 2023 and 2024.
Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the settlement of time-based and performance-based RSUs.
Includes 9,184 unvested RSUs, as of the date of this filing, after taking into account the transactions reported herein.
/s/ Matthew E. Fernand, as attorney-in-fact
2021-03-18