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