Filing Details

Accession Number:
0000899243-16-019810
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-05-12 19:18:03
Reporting Period:
2016-05-10
Filing Date:
2016-05-12
Accepted Time:
2016-05-12 19:18:03
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1628063 Seritage Growth Properties SRG () 4
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1183200 S Edward Lampert 1170 Kane Concourse, Suite 200
Bay Harbor Islands FL 33154
No No No Yes
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Shares Disposition 2016-05-10 943 $53.63 530,615 No 4 S Direct
Class A Common Shares Disposition 2016-05-10 8,257 $53.63 436,078 No 4 S Indirect See Footnotes
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 S Indirect See Footnotes
Footnotes
  1. This price represents the approximate weighted average price per share of Class A common shares of beneficial interest of Seritage Growth Properties (the "Issuer"), par value $0.01 per share ("Class A Shares"), of sales that were executed at prices ranging from $53.60 to $53.71 per Class A Share. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the price per Class A Share and the number of Class A Shares sold at each price.
  2. This statement is filed by and on behalf of Edward S. Lampert. Mr. Lampert and ESL Partners, L.P. ("Partners") are the direct beneficial owners of the securities covered by this statement.
  3. RBS Partners, L.P. ("RBS") is the general partner of, and may be deemed to beneficially own securities owned by, Partners. Mr. Lampert is a limited partner of, and may be deemed to beneficially own certain securities owned by, RBS. ESL Investments, Inc. ("ESL") is the general partner of, and may be deemed to beneficially own securities owned by, RBS. Mr. Lampert is the Chairman, Chief Executive Officer and Director of, and may be deemed to beneficially own securities owned by, ESL.
  4. Each reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act") or otherwise, the beneficial owners of any securities covered by this statement. Each reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.
  5. Each reporting person may be deemed to be a member of a group with respect to the Issuer or securities of the Issuer for purposes of Section 13(d) or 13(g) of the Exchange Act. Each reporting person declares that neither the filing of this statement nor anything herein shall be construed as an admission that such person is, for the purposes of Section 13(d) or 13(g) of the Exchange Act or any other purpose, a member of a group with respect to the Issuer or securities of the Issuer.
  6. Represents Class A Shares directly beneficially owned by Partners.