Billionaire Edward Lampert Lends Another $300 Million to Sears Holdings Corp (SHLD)

Names of
Reporting Persons.

SPE Master I, LP

Check the Appropriate Box if a Member
of a Group (See Instructions)

(a)  x        (b)  ¨

SEC Use Only

Source of Funds (See Instructions)

OO

Check if Disclosure of Legal
Proceedings Is Required Pursuant to Items 2(d) or 2(e)

¨

Citizenship or Place of
Organization

Delaware

Number of

Shares

Beneficially

Owned by

Each

Reporting

Person

With

Sole Voting Power

193,341

Shared Voting Power

0

Sole Dispositive Power

193,341

Shared Dispositive Power

0

Aggregate Amount Beneficially Owned by Each Reporting Person

193,341

Check if the Aggregate Amount in Row
(11) Excludes Certain Shares (See Instructions)

¨

Percent of Class Represented by Amount
in Row (11)

0.2% (1)

Type of Reporting Person (See
Instructions)

PN