# EDGAR Filing Document

**Accession Number:** 0001628063
**File Stem:** 0001193125-23-001732
**Filing Date:** 2023-1
**Character Count:** 9487
**Document Hash:** 8bf1570768e9167adeb7439f13597141
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-001732.hdr.sgml**: 20230105

**ACCESSION NUMBER**: 0001193125-23-001732

**CONFORMED SUBMISSION TYPE**: SC 13D/A

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230105

**DATE AS OF CHANGE**: 20230104

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Seritage Growth Properties
- **CENTRAL INDEX KEY:** 0001628063
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE [6500]
- **IRS NUMBER:** 383976287
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-88934
- **FILM NUMBER:** 23509566

**BUSINESS ADDRESS:**
- **STREET 1:** 500 FIFTH AVENUE
- **STREET 2:** SUITE 1530
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10110
- **BUSINESS PHONE:** 2123557800

**MAIL ADDRESS:**
- **STREET 1:** 500 FIFTH AVENUE
- **STREET 2:** SUITE 1530
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Seritage Growth Properties, Inc.
- **DATE OF NAME CHANGE:** 20141215
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LAMPERT EDWARD S
- **CENTRAL INDEX KEY:** 0001183200

**FILING VALUES:**
- **FORM TYPE:** SC 13D/A

**MAIL ADDRESS:**
- **STREET 1:** 1170 KANE CONCOURSE
- **STREET 2:** SUITE 200
- **CITY:** BAY HARBOUR
- **STATE:** FL
- **ZIP:** 33154

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**UNITED STATES** 

**SECURITIES AND EXCHANGE COMMISSION** 

**Washington, D.C. 20549** 

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**SCHEDULE 13D** 

**Under the Securities Exchange Act of 1934** 

**(Amendment No. 18)** 

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## Seritage Growth Properties
**(Name of Issuer)** 

**Class A common shares of beneficial interest, par value $0.01 per share** 

**(Title of Class of Securities)** 

**81752R100** 

**(CUSIP Number)** 

**Bruce Newsome, Esq.** 

**Haynes and Boone, LLP** 

**2323 Victory Avenue, Suite 700** 

**Dallas, Texas 75219** 

**(214) 651-5119** 

**(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)** 

**December 30, 2022** 

**(Date of Event which Requires Filing of this Statement)** 

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If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box. ☐

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**Note**: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.

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\* The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934, as amended (the "<u>Act</u>") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

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CUSIP No. 81752R100

1. &nbsp;&nbsp;&nbsp;&nbsp; Names of Reporting Persons. &nbsp;&nbsp;&nbsp;&nbsp; Edward S. Lampert

2. &nbsp;&nbsp;&nbsp;&nbsp; Check the Appropriate Box
if a Member of a Group (See Instructions) &nbsp;&nbsp;&nbsp;&nbsp; (a) ☐ (b) ☐

3. &nbsp;&nbsp;&nbsp;&nbsp; SEC Use Only

4. &nbsp;&nbsp;&nbsp;&nbsp; Source of Funds (See
Instructions) &nbsp;&nbsp;&nbsp;&nbsp; PF

5. &nbsp;&nbsp;&nbsp;&nbsp; Check if Disclosure of
Legal Proceedings Is Required Pursuant to Items 2(d) or 2(e) &nbsp;&nbsp;&nbsp;&nbsp; ☐

6. &nbsp;&nbsp;&nbsp;&nbsp; Citizenship or Place of
Organization &nbsp;&nbsp;&nbsp;&nbsp; United
States

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| | | |
|:---|:---|:---|
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned by<br> Each<br> Reporting<br> Person<br> With | &nbsp;&nbsp;&nbsp;&nbsp;7. | &nbsp;&nbsp;&nbsp;&nbsp;Sole Voting Power<br>&nbsp;&nbsp;&nbsp;&nbsp;15,484,491 (1) |
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned by<br> Each<br> Reporting<br> Person<br> With | &nbsp;&nbsp;&nbsp;&nbsp;8. | &nbsp;&nbsp;&nbsp;&nbsp;Shared Voting Power<br>&nbsp;&nbsp;&nbsp;&nbsp;0 |
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned by<br> Each<br> Reporting<br> Person<br> With | &nbsp;&nbsp;&nbsp;&nbsp;9. | &nbsp;&nbsp;&nbsp;&nbsp;Sole Dispositive Power<br>&nbsp;&nbsp;&nbsp;&nbsp;15,484,491 (1) |
| &nbsp;&nbsp;&nbsp; Number of<br> Shares<br> Beneficially <br> Owned by<br> Each<br> Reporting<br> Person<br> With | 10. | &nbsp;&nbsp;&nbsp;&nbsp;Shared Dispositive Power<br>&nbsp;&nbsp;&nbsp;&nbsp;0 |

---

11. &nbsp;&nbsp;&nbsp;&nbsp; Aggregate Amount Beneficially Owned by Each Reporting Person &nbsp;&nbsp;&nbsp;&nbsp; 15,484,491 (1)

12. &nbsp;&nbsp;&nbsp;&nbsp; Check if the Aggregate
Amount in Row (11) Excludes Certain Shares (See Instructions) &nbsp;&nbsp;&nbsp;&nbsp; ☐

13. &nbsp;&nbsp;&nbsp;&nbsp; Percent of Class
Represented by Amount in Row (11) &nbsp;&nbsp;&nbsp;&nbsp; 27.6% (2)

14. &nbsp;&nbsp;&nbsp;&nbsp; Type of Reporting Person
(See Instructions) &nbsp;&nbsp;&nbsp;&nbsp; IN

(1) Includes 3,492 Class A Shares held by The Nicholas Trust and 3,492 Class A Shares held by The Nina
Trust.

(2) Based upon 56,032,381 Class A Shares as of November 4, 2022, as disclosed in the Issuer's
Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2022, filed with the SEC on November 9, 2022.

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This Amendment No. 18 to Schedule 13D (this "<u>Amendment</u>") relates to Class A common shares of beneficial interest, par value $0.01 per share ("<u>Class</u> <u>A Shares</u>"), of Seritage Growth Properties, a Maryland real estate investment trust (the "<u>Issuer</u>"). This Amendment amends the Schedule 13D, as previously amended, filed with the Securities and Exchange Commission (the "<u>SEC</u>") by Edward S. Lampert, a United States citizen (the "<u>Reporting Person</u>"), by furnishing the information set forth below. Except as otherwise specified in this Amendment, all previous Items are unchanged. Capitalized terms used herein which are not defined herein have the meaning given to them in the Schedule 13D, as previously amended, filed with the SEC.

**Item 5. Interest in Securities of the Issuer.** 

Item 5 is hereby amended and restated in its entirety as follows:

"(a)-(b) The Reporting Person declares that neither the filing of this Schedule 13D nor anything herein shall be construed as an admission that the Reporting Person is, for the purposes of Section 13(d) or 13(g) of the Act or any other purpose, the beneficial owner of any securities covered by this Schedule 13D.

As of January 4, 2023, the Reporting Person may be deemed to beneficially own the common shares of beneficial interest of the Issuer set forth in the table below.

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **REPORTING**<br> **PERSON** | **NUMBER OF**<br>**SHARES**<br>**BENEFICIALLY**<br>**OWNED** |  | **PERCENTAGE**<br>**OF**<br>**OUTSTANDING**<br>**SHARES** | **SOLE**<br>**VOTING**<br>**POWER** |  | **SHARED**<br>**VOTING**<br>**POWER** | **SOLE**<br>**DISPOSITIVE**<br>**POWER** |  | **SHARED**<br>**DISPOSITIVE**<br>**POWER** |
|  Edward S. Lampert | 15484491 | (1) | 27.6% (2) | 15484491 | (1) | 0 | 15484491 | (1) | 0 |

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(1) This number includes 15,477,507 Class A Shares held by Mr. Lampert as well as 3,492 Class A
Shares held by The Nicholas Trust and 3,492 Class A Shares held by The Nina Trust.

(2) Based upon 56,032,381 Class A Shares outstanding as of November 4, 2022, as disclosed in the
Issuer's Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2022, filed with the SEC on November 9, 2022.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Other than as set forth on Annex B hereto, there have been no transactions in the class of securities reported on that were effected by the Reporting Person during the past sixty days or since the most recent filing of Schedule 13D, whichever is less.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) Not applicable."

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**SIGNATURE** 

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Date: January 4, 2023

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| | |
|:---|:---|
| **EDWARD S. LAMPERT** | **EDWARD S. LAMPERT** |
| By: | /s/ Edward S. Lampert |

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**ANNEX B** 

**RECENT TRANSACTIONS BY THE REPORTING PERSON IN THE SECURITIES OF SERITAGE** 

**GROWTH PROPERTIES** 

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| | | | | |
|:---|:---|:---|:---|:---|
| **Entity** | **Date of**<br>**Transaction** | **Description**<br> **of Transaction** | **Class A**<br>**Shares**<br>**Disposed** | **Price**<br>**Per Class A**<br>**Share** |
|  Edward S. Lampert | 11/10/2022 | Open Market Sales | 83314 | $11.5582 |
|  Edward S. Lampert | 11/11/2022 | Open Market Sales | 15140 | $11.7518 |
|  Edward S. Lampert | 12/21/2022 | Open Market Sales | 6152 | $12.0329 |
|  Edward S. Lampert | 12/30/2022 | Open Market Sales | 100000 | $11.8073 |
|  Edward S. Lampert | 01/03/2023 | Open Market Sales | 5839 | $12.0587 |
|  Edward S. Lampert | 01/04/2023 | Open Market Sales | 158527 | $12.1192 |

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