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Filing Details

Accession Number:: 0000899243-21-011992
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2021-03-16 17:50:58
Reporting Period:: 2021-03-12

Accepted Time:: 2021-03-16 17:50:58
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

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Shares	Disposition	2021-03-12	49,999	$23.35	1,886,385	No	4	S	Direct
Class A Common Shares	Disposition	2021-03-12	293,101	$23.35	0	No	4	S	Indirect	See Footnotes
Class A Common Shares	Disposition	2021-03-15	23,476	$22.91	1,862,909	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Indirect	See Footnotes
No	4	S	Direct

Footnotes

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 $23.25 to $23.68 per Class A Share. The reporting person undertakes 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.
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.
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.
The 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 owner of any securities covered by this statement. The 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.
Represents Class A Shares directly beneficially owned by Partners.
This price represents the approximate weighted average price per share of Class A Shares of sales that were executed at prices ranging from $22.70 to $23.42 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.