Form 4 for SITC SITE Centers Corp.
Accepted 2024-10-03 00:00:00 ET · period of report 2024-10-01 · accession 0000950170-24-112380 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-10-03 | 2024-10-01 | SITC | Lukes David R | Pres, CEO, Dir | D - Sale to Iss | $0.00 | -35.5K | 304.9K | -10% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2024-10-01 | D | D | 35,453 | $0.00 | 304,903 | D | — | — | (F1) On October 1, 2024, the Issuer completed a spin-off of Curbline Properties Corp. ("Curbline"), and the reporting person disposed of Issuer restricted share units ("RSUs") in connection with the spin-off. Such RSUs are subject to equitable adjustment subsequent to the date of this report in connection with the spin-off into a corresponding number of Curbline RSUs with substantially the same terms, vesting conditions and other restrictions as applied to the adjusted RSUs. (F2) Equitable adjustment of the RSUs is described in the Employee Matters Agreement, dated as of October 1, 2024, by and among the Issuer, Curbline and Curbline Properties LP, which is filed by the Issuer with the Securities and Exchange Commission. |