Form 4 for CBL CBL & ASSOCIATES PROPERTIES INC
Accepted 2022-12-12 00:00:00 ET · period of report 2022-12-08 · accession 0001062993-22-023734 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MI | 2022-12-12 | 2022-12-08+ | CBL | Strategic Value Special Situations Offshore Fund V, L.P. | 10% | S - Sale | $28.84 | -44.6K | 34.8K | -56% | -$1.29M |
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 Stock | 2022-12-08 | S | D | 3,822 | $29.78 | 405,483 | I See footnotes | — | — | (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. (F1) Held directly by Strategic Value Capital Solutions Offshore Fund, L.P. SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC) is the investment manager of Strategic Value Capital Solutions Offshore Fund, L.P. |
| 2 | Common | Common Stock | 2022-12-08 | S | D | 1,296 | $29.78 | 137,500 | I See footnotes | — | — | (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. (F2) Held directly by Strategic Value Capital Solutions Fund, L.P. SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC) is the investment manager of Strategic Value Capital Solutions Fund, L.P. |
| 3 | Common | Common Stock | 2022-12-09 | S | D | 59 | $26.86 | 13,151 | I See footnotes | — | — | (F10) Held directly by Strategic Value Sullivan Offshore Fund, L.P. (Series 2). SVP Special Situations V LLC is the investment manager of Strategic Value Sullivan Offshore Fund, L.P. (Series 2). (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. |
| 4 | Common | Common Stock | 2022-12-09 | S | D | 2,159 | $26.86 | 484,164 | I See footnotes | — | — | (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. (F9) Held directly by Strategic Value Special Situations Fund V, L.P. SVP Special Situations V LLC is the investment manager of Strategic Value Special Situations Fund V, L.P. |
| 5 | Common | Common Stock | 2022-12-09 | S | D | 3,734 | $26.86 | 837,337 | I See footnotes | — | — | (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. (F8) Held directly by Strategic Value Special Situations Offshore Fund V, L.P. SVP Special Situations V LLC is the investment manager of Strategic Value Special Situations Offshore Fund V, L.P. |
| 6 | Common | Common Stock | 2022-12-09 | S | D | 1,302 | $26.86 | 292,029 | I See footnotes | — | — | (F7) Held directly by Strategic Value Special Situations Fund IV, L.P. SVP Special Situations IV LLC is the investment manager of Strategic Value Special Situations Fund IV, L.P. (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. |
| 7 | Common | Common Stock | 2022-12-09 | S | D | 3,312 | $26.86 | 742,767 | I See footnotes | — | — | (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. (F6) Held directly by Strategic Value Special Situations Offshore Fund IV, L.P. SVP Special Situations IV LLC is the investment manager of Strategic Value Special Situations Offshore Fund IV, L.P. |
| 8 | Common | Common Stock | 2022-12-09 | S | D | 566 | $26.86 | 127,002 | I See footnotes | — | — | (F5) Held directly by Strategic Value Opportunities Fund, L.P. SVP Special Situations III-A LLC is the investment manager of Strategic Value Opportunities Fund, L.P. (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. |
| 9 | Common | Common Stock | 2022-12-09 | S | D | 569 | $26.86 | 127,617 | I See footnotes | — | — | (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. (F4) Held directly by Strategic Value Excelsior Fund, L.P. SVP Excelsior Management, LLC is the investment manager of Strategic Value Excelsior Fund, L.P. |
| 10 | Common | Common Stock | 2022-12-08 | S | D | 329 | $29.78 | 34,951 | I See footnotes | — | — | (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. (F3) Held directly by Strategic Value Sullivan Offshore Fund, L.P. (Series 1). SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC) is the investment manager of Strategic Value Sullivan Offshore Fund, L.P. (Series 1). |
| 11 | Common | Common Stock | 2022-12-08 | S | D | 1,208 | $29.78 | 128,186 | I See footnotes | — | — | (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. (F4) Held directly by Strategic Value Excelsior Fund, L.P. SVP Excelsior Management, LLC is the investment manager of Strategic Value Excelsior Fund, L.P. |
| 12 | Common | Common Stock | 2022-12-08 | S | D | 1,202 | $29.78 | 127,568 | I See footnotes | — | — | (F5) Held directly by Strategic Value Opportunities Fund, L.P. SVP Special Situations III-A LLC is the investment manager of Strategic Value Opportunities Fund, L.P. (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. |
| 13 | Common | Common Stock | 2022-12-08 | S | D | 7,032 | $29.78 | 746,079 | I See footnotes | — | — | (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. (F6) Held directly by Strategic Value Special Situations Offshore Fund IV, L.P. SVP Special Situations IV LLC is the investment manager of Strategic Value Special Situations Offshore Fund IV, L.P. |
| 14 | Common | Common Stock | 2022-12-08 | S | D | 2,764 | $29.78 | 293,331 | I See footnotes | — | — | (F7) Held directly by Strategic Value Special Situations Fund IV, L.P. SVP Special Situations IV LLC is the investment manager of Strategic Value Special Situations Fund IV, L.P. (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. |
| 15 | Common | Common Stock | 2022-12-08 | S | D | 7,926 | $29.78 | 841,071 | I See footnotes | — | — | (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. (F8) Held directly by Strategic Value Special Situations Offshore Fund V, L.P. SVP Special Situations V LLC is the investment manager of Strategic Value Special Situations Offshore Fund V, L.P. |
| 16 | Common | Common Stock | 2022-12-08 | S | D | 4,583 | $29.78 | 486,323 | I See footnotes | — | — | (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. (F9) Held directly by Strategic Value Special Situations Fund V, L.P. SVP Special Situations V LLC is the investment manager of Strategic Value Special Situations Fund V, L.P. |
| 17 | Common | Common Stock | 2022-12-08 | S | D | 125 | $29.78 | 13,210 | I See footnotes | — | — | (F10) Held directly by Strategic Value Sullivan Offshore Fund, L.P. (Series 2). SVP Special Situations V LLC is the investment manager of Strategic Value Sullivan Offshore Fund, L.P. (Series 2). (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. |
| 18 | Common | Common Stock | 2022-12-09 | S | D | 1,801 | $26.86 | 403,682 | I See footnotes | — | — | (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. (F1) Held directly by Strategic Value Capital Solutions Offshore Fund, L.P. SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC) is the investment manager of Strategic Value Capital Solutions Offshore Fund, L.P. |
| 19 | Common | Common Stock | 2022-12-09 | S | D | 610 | $26.86 | 136,890 | I See footnotes | — | — | (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. (F2) Held directly by Strategic Value Capital Solutions Fund, L.P. SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC) is the investment manager of Strategic Value Capital Solutions Fund, L.P. |
| 20 | Common | Common Stock | 2022-12-09 | S | D | 155 | $26.86 | 34,796 | I See footnotes | — | — | (F11) Strategic Value Partners, LLC, which is indirectly majority owned and controlled by Mr. Khosla, is the managing member of SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC), SVP Special Situations III-A, LLC, SVP Special Situations IV LLC, SVP Special Situations V LLC, and SVP Excelsior Management LLC. The filing of this Form 4 shall not be construed as an admission that the Reporting Persons are or were for the purposes of Section 16(a) of the Securities Exchange Act of 1934, as amended, or otherwise, the beneficial owners of any of the securities reported herein. The Reporting Persons disclaim such beneficial ownership, except to the extent of their pecuniary interest. (F3) Held directly by Strategic Value Sullivan Offshore Fund, L.P. (Series 1). SVP Capital Solutions LLC (f/k/a SVP Dislocation LLC) is the investment manager of Strategic Value Sullivan Offshore Fund, L.P. (Series 1). |