0000895345-21-000278.txt : 20210309
0000895345-21-000278.hdr.sgml : 20210309
20210309214006
ACCESSION NUMBER: 0000895345-21-000278
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210305
FILED AS OF DATE: 20210309
DATE AS OF CHANGE: 20210309
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Bry James Edwin
CENTRAL INDEX KEY: 0001644905
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-37420
FILM NUMBER: 21728057
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
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
0001644905
Bry James Edwin
500 FIFTH AVENUE, SUITE 1530
NEW YORK
NY
10110
true
See Remarks
Class A Common Shares
2021-03-05
4
A
0
1899
0
A
14838
D
Class A Common Shares
2021-03-05
4
A
0
8263
0
A
23101
D
Class A Common Shares
2021-03-05
4
A
0
5449
0
A
28550
D
Represents Restricted Share Units 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 Restricted Share Units 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 Restricted Share Units vested on March 5, 2021, when the performance determination was approved, and will be settled within 30 days thereafter.
Represents Restricted Share Units earned under the terms of a retention performance award previously granted to the reporting person under the Seritage Growth Properties 2015 Share Plan on May 2, 2018 and covering the performance period January 1, 2018 to December 31, 2020. Such number of Restricted Share Units 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 Restricted Share Units vest on May 2, 2021 and will be settled within 30 days thereafter.
Represents grants of Restricted Share Units 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.
Includes 16,021 unvested RSUs, as of the date of this filing, after taking into account the transaction reported herein.
EVP of Development and Construction
/s/ Matthew E. Fernand, as attorney-in-fact
2021-03-09