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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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1. Title of Derivative Security | 2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code | 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) | 6. Date Exercisable and Expiration Date (Month/Day/Year) | 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) | 8. Price of Derivative Security (Instr. 5) | 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) | 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) | 11. Nature of Indirect Beneficial Ownership (Instr. 4) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Warrants to acquire Common Stock | (4) | 11/01/2013 | J | 22,222,290 | 11/09/2010 | 11/09/2017 | Common Stock | 25,400,077 | $14.76 | 22,222,290 | I | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
Brookfield Property Partners Ltd | X | X | Director by deputization *** | |
Brookfield Property Partners L.P. | X | X | Director by deputization *** | |
Brookfield Property LP | X | X | Director by deputization *** | |
Brookfield BPY Holdings (US) Inc. | X | X | Director by deputization *** | |
CanHoldco 1 ULC | X | X | Director by deputization *** | |
CanHoldco 3 ULC | X | X | Director by deputization *** | |
CanHoldco 4 ULC | X | X | Director by deputization *** | |
CanHoldco 2 ULC | X | X | Director by deputization *** | |
Brookfield BPY Retail Holdings I LLC | X | X | Director by deputization *** | |
See Exhibit 99.1; Note 1. | |
See Exhibit 99.1; Note 2. | |
See Exhibit 99.1; Note 3. | |
See Exhibit 99.1; Note 4. | |
| Remarks: *** Brian Kingston, a Senior Managing Partner of Brookfield Asset Management Inc., a corporation formed under the laws of the Province of Ontario ("BAM"), serves on the board of directors of the Issuer as a representative of BAM and certain of its affiliates, including the Reporting Person. The Reporting Person is a "director by deputization" solely for purposes of Section 16 of the Securities Exchange Act of 1934. Exhibit List: Exhibit 99.1 - Explanation of Responses Exhibit 99.2 - Joint Filer Information and Signature | |
| Signatures | ||
/s/ Jane Sheere, Secretary | 12/02/2013 | |
| ** Signature of Reporting Person | Date | |
| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
| * If the form is filed by more than one reporting person, see Instruction 4 (b)(v). | ||
| ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
| Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. | ||
Exhibit 99.1
Explanation of Responses:
(1) Common Stock and Warrants held directly by Brookfield BPY Retail Holdings I LLC, a Delaware limited liability company (“BPY”). BPY is an indirect subsidiary of the Reporting Person. In accordance with Instruction 4(b)(iv), the entire amount of the Common Stock and Warrants directly held by BPY is reported herein.
(2) Common Stock held directly by Brookfield BPY Retail Holdings Sub I LLC, a Delaware limited liability company (“BPY Sub”). BPY Sub is an indirect subsidiary of the Reporting Person. In accordance with Instruction 4(b)(iv), the entire amount of the Common Stock directly held by BPY Sub is reported herein.
(3) The Reporting Person disclaims beneficial ownership of all shares of Common Stock and Warrants that are directly beneficially owned by BPY and BPY Sub, except to the extent of any indirect pecuniary interest therein.
(4) Each Warrant entitled the holder to purchase 1.143 shares of Common Stock at an initial exercise price of $10.75 per share, subject to adjustments as provided in the warrant agreement, dated as of November 9, 2010, by and among Mellon Investor Services LLC, as warrant agent, and the Issuer.
Exhibit 99.2 - Joint Filer Information and Signature
Joint Filers:
| 1. Name: | Brookfield Property Partners L.P. |
| Address: | 73 Front Street, 5th Floor, Hamilton HM 12, Bermuda |
| Brookfield Property Partners L.P. |
| By: | /s/ Jane Sheere | Date: December 2, 2013 |
| Name: Jane Sheere | ||
Title: Secretary of Brookfield Property Partners Limited, General Partner of Brookfield Property Partners L.P. |
| 2. Name: | Brookfield Property L.P. |
| Address: | 73 Front Street, 5th Fl., Hamilton HM 12 Bermuda |
| BROOKFIELD PROPERTY L.P. | |
| By: Brookfield Property Partners L.P., its general partner |
| By: | /s/ Jane Sheere | Date: December 2, 2013 |
| Name: Jane Sheere | ||
Title: Secretary of Brookfield Property Partners Limited, General Partner of Brookfield Property Partners L.P. |
| 3. Name: | Brookfield BPY Holdings (US) Inc. |
| Address: | 181 Bay Street, Suite 300, Toronto, Ontario, Canada M5J 2T3 |
| BROOKFIELD BPY HOLDINGS (US) INC. |
| By: | /s/ Steven Douglas | Date: December 2, 2013 |
| Name: Steven Douglas | ||
Title: President & Chief Financial Officer |
| 4. Name: | CANHOLDCO 1 ULC |
| Address: | 181 Bay Street, Suite 300, Toronto, Ontario, Canada M5J 2T3 |
| CANHOLDCO 1 ULC |
| By: | /s/ Steven Douglas | Date: December 2, 2013 |
| Name: Steven Douglas | ||
Title: Director |
| 5. Name: | CANHOLDCO 3 ULC |
| Address: | 181 Bay Street, Suite 300, Toronto, Ontario, Canada M5J 2T3 |
| CANHOLDCO 3 ULC |
| By: | /s/ Steven Douglas | Date: December 2, 2013 |
| Name: Steven Douglas | ||
Title: Director |
| 6. Name: | CANHOLDCO 4 ULC |
| Address: | 181 Bay Street, Suite 300, Toronto, Ontario, Canada M5J 2T3 |
| CANHOLDCO 4 ULC |
| By: | /s/ Steven Douglas | Date: December 2, 2013 |
| Name: Steven Douglas | ||
Title: Director |
| 7. Name: | CANHOLDCO 2 ULC |
| Address: | 181 Bay Street, Suite 300, Toronto, Ontario, Canada M5J 2T3 |
| CANHOLDCO 2 ULC |
| By: | /s/ Steven Douglas | Date: December 2, 2013 |
| Name: Steven Douglas | ||
Title: Director |
| 8. Name: | Brookfield BPY Retail Holdings I LLC |
| Address: | 4 Brookfield Place, 250 Vesey Street, New York, NY 10281 |
| BROOKFIELD BPY RETAIL HOLDINGS I LLC |
| By: | /s/ Michelle Campbell | Date: December 2, 2013 |
| Name: Michelle Campbell | ||
Title: Assistant Secretary |