Seritage Growth Properties (SRG) Files Form 4 Insider Selling : Bruce R Berkowitz Sells 9,648 Shares

Seritage Growth Properties (SRG): Bruce R Berkowitz , 10% owner of Seritage Growth Properties sold 9,648 shares on Jul 19, 2016. The Insider selling transaction was reported by the company on Jul 21, 2016 to the Securities and Exchange Commission. The shares were sold at $48.63 per share for a total value of $469,182.25 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on May 27, 2016, Bruce R Berkowitz (10% owner) purchased 5,000 shares at $43.64 per share price.On May 26, 2016, John Mcclain (director) purchased 200 shares at $43.41 per share price.Also, On May 12, 2016, Edward S Lampert (other) sold 9,200 shares at $53.63 per share price.

Seritage Growth Properties is a real estate investment trust (REIT). The Company conducts its operations through Seritage Growth Properties L.P. a Delaware limited partnership. The Company’s principal offices are located at 3333 Beverly Road Hoffman Estates and Illinois 60179. As of March 31 2015 the Company did not generate any revenue.

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