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Filing Details

Accession Number:: 0001127602-20-017280
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-05-19 18:48:44
Reporting Period:: 2020-05-15

Accepted Time:: 2020-05-19 18:48:44
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
910612	Cbl & Associates Properties Inc	CBL	Real Estate Investment Trusts (6798)	621545718

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1220925	D Stephen Lebovitz	2030 Hamilton Place Blvd., Suite 500 Chattanooga TN 374216000	Ceo	Yes	Yes	No	No

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
Common Stock	Disposition	2020-05-15	310,000	$0.20	1,746,059	No	4	S	Direct
Common Stock	Disposition	2020-05-15	4,994	$0.20	26,824	No	4	S	Indirect	By Trust
Common Stock	Disposition	2020-05-15	23,695	$0.20	3,129	No	4	S	Indirect	By Trust
Common Stock	Disposition	2020-05-15	3,129	$0.21	0	No	4	S	Indirect	By Trust

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Direct
No	4	S	Indirect	By Trust
No	4	S	Indirect	By Trust
No	4	S	Indirect	By Trust

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	1,150	Indirect	By Spouse

Footnotes

These transactions were effected pursuant to a Rule 10b5-1 Trading Plan executed by the Reporting Person on March 17, 2020. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.193 to $0.2100, inclusive. The Reporting Person undertakes to provide to any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information already provided to the Issuer regarding the number of shares sold at each separate price within such range. Please submit any such request through the Issuer's Chief Legal Officer, Jeffery V. Curry.
These transactions were effected pursuant to a Rule 10b5-1 Trading Plan executed by the Reporting Person, as Trustee for a trust for the benefit of his Son, on March 17, 2020. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.2021 to $0.2050, inclusive. The Reporting Person undertakes to provide to any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information already provided to the Issuer regarding the number of shares sold at each separate price within such range. Please submit any such request through the Issuer's Chief Legal Officer, Jeffery V. Curry.
These transactions were effected pursuant to a Rule 10b5-1 Trading Plan executed by the Reporting Person, as Trustee for a trust for the benefit of his son, on March 17, 2020. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.2003 to $0.2100, inclusive. The Reporting Person undertakes to provide to any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information already provided to the Issuer regarding the number of shares sold at each separate price within such range. Please submit any such request through the Issuer's Chief Legal Officer, Jeffery V. Curry.
These transactions were effected pursuant to a Rule 10b5-1 Trading Plan executed by the Reporting Person, as Trustee for a trust for the benefit of his daughter, on March 17, 2020. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $0.2050 to $0.2096, inclusive. The Reporting Person undertakes to provide to any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information already provided to the Issuer regarding the number of shares sold at each separate price within such range. Please submit any such request through the Issuer's Chief Legal Officer, Jeffery V. Curry.
The Reporting Person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
This report deletes indirect beneficial ownership erroneously included on the Reporting Person's prior report for (i) 9,650 shares held by the Stephen D. Lebovitz Irrevocable Trust U/A dated 2/27/1998, Charles B. Lebovitz, Trustee and (ii) 49,365 shares held by the Stephen D. Lebovitz and Lisa S. Lebovitz Irrevocable Trust U/A dated 4/5/2003, Michael I. Lebovitz, Trustee. The Reporting Person established these Trusts for the sole benefit of his children, has no power to revoke either Trust, and does not serve as Trustee or otherwise exercise investment power over shares held by such Trusts.