SRG

SEC source: 0000895345-23-000208 · form4.xml · nonDerivative · entry 1

Fernand Matthew E · CIK 0001644525 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 78,771

F1 · shares: Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the settlement of time-based Restricted Share Units ("RSUs").

F2 · balance_after: Includes 29,138 unvested RSUs, as of the date of this filing, after taking into account the transaction reported herein.

SEC source: 0000895345-23-000207 · form4.xml · nonDerivative · entry 1

Dinenberg Eric · CIK 0001901280 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 63,413

F1 · shares: Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the settlement of time-based Restricted Share Units ("RSUs").

F2 · balance_after: Includes 45,819 unvested RSUs, as of the date of this filing, after taking into account the transaction reported herein.

SEC source: 0000895345-23-000196 · form4.xml · nonDerivative · entry 2

Fernand Matthew E · CIK 0001644525 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 84,537

F1 · shares: Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the settlement of time-based Restricted Share Units ("RSUs").

F2 · balance_after: Includes 41,651 unvested RSUs, as of the date of this filing, after taking into account both of the transactions reported herein.

SEC source: 0000895345-23-000195 · form4.xml · nonDerivative · entry 2

Dinenberg Eric · CIK 0001901280 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 67,355

F1 · shares: Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the settlement of time-based Restricted Share Units ("RSUs").

F2 · balance_after: Includes 57,596 unvested RSUs, as of the date of this filing, after taking into account both of the transactions reported herein.

SEC source: 0000895345-23-000196 · form4.xml · nonDerivative · entry 1

Fernand Matthew E · CIK 0001644525 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 86,465

F1 · shares: Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the settlement of time-based Restricted Share Units ("RSUs").

F2 · balance_after: Includes 41,651 unvested RSUs, as of the date of this filing, after taking into account both of the transactions reported herein.

SEC source: 0000895345-23-000195 · form4.xml · nonDerivative · entry 1

Dinenberg Eric · CIK 0001901280 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 67,780

F1 · shares: Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the settlement of time-based Restricted Share Units ("RSUs").

F2 · balance_after: Includes 57,596 unvested RSUs, as of the date of this filing, after taking into account both of the transactions reported herein.

SEC source: 0000899243-23-004110 · doc4.xml · nonDerivative · entry 2

LAMPERT EDWARD S · CIK 0001183200 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,079,538

F1 · ownership.direct: Includes 3,492 Class A common shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares"), held by The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust"), and 3,492 Class A Shares held by The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts"). The reporting person may be deemed to have beneficial ownership of securities owned by the Trusts. The reporting person disclaims beneficial ownership of the securities owned by the Trusts, except to the extent of the pecuniary interest of the reporting person in such securities. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities owned by the Trusts.

SEC source: 0000899243-23-004110 · doc4.xml · nonDerivative · entry 1

LAMPERT EDWARD S · CIK 0001183200 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,200,000

F1 · ownership.direct: Includes 3,492 Class A common shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares"), held by The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust"), and 3,492 Class A Shares held by The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts"). The reporting person may be deemed to have beneficial ownership of securities owned by the Trusts. The reporting person disclaims beneficial ownership of the securities owned by the Trusts, except to the extent of the pecuniary interest of the reporting person in such securities. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities owned by the Trusts.

SEC source: 0000899243-23-002102 · doc4.xml · nonDerivative · entry 1

LAMPERT EDWARD S · CIK 0001183200 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,483,291

F1 · ownership.direct: Includes 3,492 Class A common shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares"), held by The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust"), and 3,492 Class A Shares held by The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts"). The reporting person may be deemed to have beneficial ownership of securities owned by the Trusts. The reporting person disclaims beneficial ownership of the securities owned by the Trusts, except to the extent of the pecuniary interest of the reporting person in such securities. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities owned by the Trusts.

SEC source: 0000899243-23-000753 · doc4.xml · nonDerivative · entry 3

LAMPERT EDWARD S · CIK 0001183200 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,484,491

F1 · ownership.direct: Includes 3,492 Class A common shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares"), held by The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust"), and 3,492 Class A Shares held by The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts"). The reporting person may be deemed to have beneficial ownership of securities owned by the Trusts. The reporting person disclaims beneficial ownership of the securities owned by the Trusts, except to the extent of the pecuniary interest of the reporting person in such securities. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities owned by the Trusts.

SEC source: 0000899243-23-000753 · doc4.xml · nonDerivative · entry 2

LAMPERT EDWARD S · CIK 0001183200 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,643,018

F1 · ownership.direct: Includes 3,492 Class A common shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares"), held by The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust"), and 3,492 Class A Shares held by The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts"). The reporting person may be deemed to have beneficial ownership of securities owned by the Trusts. The reporting person disclaims beneficial ownership of the securities owned by the Trusts, except to the extent of the pecuniary interest of the reporting person in such securities. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities owned by the Trusts.

SEC source: 0000899243-23-000753 · doc4.xml · nonDerivative · entry 1

LAMPERT EDWARD S · CIK 0001183200 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,648,857

F1 · ownership.direct: Includes 3,492 Class A common shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares"), held by The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust"), and 3,492 Class A Shares held by The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts"). The reporting person may be deemed to have beneficial ownership of securities owned by the Trusts. The reporting person disclaims beneficial ownership of the securities owned by the Trusts, except to the extent of the pecuniary interest of the reporting person in such securities. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities owned by the Trusts.

SEC source: 0000899243-22-039335 · doc4.xml · nonDerivative · entry 1

LAMPERT EDWARD S · CIK 0001183200 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,748,857

F1 · ownership.direct: Includes 3,492 Class A common shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares"), held by The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust"), and 3,492 Class A Shares held by The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts"). The reporting person may be deemed to have beneficial ownership of securities owned by the Trusts. The reporting person disclaims beneficial ownership of the securities owned by the Trusts, except to the extent of the pecuniary interest of the reporting person in such securities. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities owned by the Trusts.

SEC source: 0000895345-22-000848 · form4.xml · nonDerivative · entry 1

Dinenberg Eric · CIK 0001901280 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 67,877

F1 · shares: Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the settlement of time-based Restricted Share Units ("RSUs").

F2 · balance_after: Includes 59,150 unvested RSUs, as of the date of this filing, after taking into account the transaction reported herein.

SEC source: 0000899243-22-035947 · doc4.xml · nonDerivative · entry 2

LAMPERT EDWARD S · CIK 0001183200 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,755,009

F1 · ownership.direct: Includes 3,492 Class A common shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares"), held by The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust"), and 3,492 Class A Shares held by The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts"). The reporting person may be deemed to have beneficial ownership of securities owned by the Trusts. The reporting person disclaims beneficial ownership of the securities owned by the Trusts, except to the extent of the pecuniary interest of the reporting person in such securities. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities owned by the Trusts.

SEC source: 0000899243-22-035947 · doc4.xml · nonDerivative · entry 1

LAMPERT EDWARD S · CIK 0001183200 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,770,149

F1 · ownership.direct: Includes 3,492 Class A common shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares"), held by The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust"), and 3,492 Class A Shares held by The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts"). The reporting person may be deemed to have beneficial ownership of securities owned by the Trusts. The reporting person disclaims beneficial ownership of the securities owned by the Trusts, except to the extent of the pecuniary interest of the reporting person in such securities. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities owned by the Trusts.

SEC source: 0000899243-22-033430 · doc4.xml · nonDerivative · entry 4

LAMPERT EDWARD S · CIK 0001183200 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,853,463

F1 · ownership.direct: Includes 3,492 Class A common shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares"), held by The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust"), and 3,492 Class A Shares held by The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts"). The reporting person may be deemed to have beneficial ownership of securities owned by the Trusts. The reporting person disclaims beneficial ownership of the securities owned by the Trusts, except to the extent of the pecuniary interest of the reporting person in such securities. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities owned by the Trusts.

SEC source: 0000899243-22-033430 · doc4.xml · nonDerivative · entry 3

LAMPERT EDWARD S · CIK 0001183200 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,973,349

F1 · ownership.direct: Includes 3,492 Class A common shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares"), held by The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust"), and 3,492 Class A Shares held by The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts"). The reporting person may be deemed to have beneficial ownership of securities owned by the Trusts. The reporting person disclaims beneficial ownership of the securities owned by the Trusts, except to the extent of the pecuniary interest of the reporting person in such securities. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities owned by the Trusts.

SEC source: 0000899243-22-033430 · doc4.xml · nonDerivative · entry 2

LAMPERT EDWARD S · CIK 0001183200 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,025,434

F1 · ownership.direct: Includes 3,492 Class A common shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares"), held by The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust"), and 3,492 Class A Shares held by The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts"). The reporting person may be deemed to have beneficial ownership of securities owned by the Trusts. The reporting person disclaims beneficial ownership of the securities owned by the Trusts, except to the extent of the pecuniary interest of the reporting person in such securities. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities owned by the Trusts.

SEC source: 0000899243-22-033430 · doc4.xml · nonDerivative · entry 1

LAMPERT EDWARD S · CIK 0001183200 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,208,449

F1 · ownership.direct: Includes 3,492 Class A common shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares"), held by The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust"), and 3,492 Class A Shares held by The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts"). The reporting person may be deemed to have beneficial ownership of securities owned by the Trusts. The reporting person disclaims beneficial ownership of the securities owned by the Trusts, except to the extent of the pecuniary interest of the reporting person in such securities. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities owned by the Trusts.

SEC source: 0000899243-22-031618 · doc4.xml · nonDerivative · entry 1

LAMPERT EDWARD S · CIK 0001183200 · 10% owner

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,241,397

F1 · ownership.direct: Includes 3,492 shares of beneficial interest of Seritage Growth Properties, par value $0.01 per share ("Class A Shares") held by The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust") and 3,492 Class A Shares held by The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts"). The reporting person may be deemed to have beneficial ownership of securities owned by the Trusts. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities. The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended or otherwise, the beneficial owner of any securities covered by this statement.

SEC source: 0000895345-22-000324 · form4.xml · nonDerivative · entry 1

Fernand Matthew E · CIK 0001644525 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 86,875

F1 · shares: Represents an annual equity grant in respect of 2021 of 37,539 Restricted Share Units awarded under the Seritage Growth Properties 2015 Share Plan on March 15, 2022, based on a per share grant date value of $11.31. This award will vest in substantially equal installments on the anniversaries of the date of grant in 2023, 2024, and 2025.

F2 · balance_after: Includes 46,636 unvested RSUs, as of the date of this filing, after taking into account the transaction reported herein.

SEC source: 0000895345-22-000326 · form4.xml · nonDerivative · entry 1

Dinenberg Eric · CIK 0001901280 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 71,392

F1 · shares: Represents an annual equity grant in respect of 2021 of 35,331 Restricted Share Units awarded under the Seritage Growth Properties 2015 Share Plan on March 15, 2022, based on a per share grant date value of $11.31. This award will vest in substantially equal installments on the anniversaries of the date of grant in 2023, 2024, and 2025.

F2 · balance_after: Includes 69,649 unvested RSUs, as of the date of this filing, after taking into account the transaction reported herein.

SEC source: 0000895345-22-000323 · form4.xml · nonDerivative · entry 1

Olshan Andrea · CIK 0001579816 · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 259,770

F1 · shares: Represents an annual equity grant in respect of 2021 of 176,834 Restricted Share Units awarded under the Seritage Growth Properties 2015 Share Plan on March 15, 2022, based on a per share grant date value of $11.31. This award will vest in substantially equal installments on the anniversaries of the date of grant in 2023, 2024, and 2025.

F2 · balance_after: Includes 218,302 unvested RSUs, as of the date of this filing, after taking into account the transaction reported herein.

SEC source: 0000895345-21-001088 · form4.xml · nonDerivative · entry 1

Dinenberg Eric · CIK 0001901280 · Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,061

F1 · shares: Represents a grants of restricted stock units ("RSUs") awarded under the Seritage Growth Properties 2015 Share Plan on December 17, 2021 in connection with the reporting person's promotion, based on a per share grant date value of $12.70. This RSU award will vest in substantially equal installments on the anniversaries of the date of grant in 2022, 2023 and 2024.

F2 · balance_after: Includes 35,871 unvested RSUs, as of the date of this filing, after taking into account the transactions reported herein.

SEC source: 0000899243-21-027481 · doc4.xml · derivative · entry 8

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,354,963

Underlying: Class A Common Shares · 361,832 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F10 · derivative.exercise_price: Pursuant to the agreement of limited partnership of the Operating Partnership, of which the Issuer is the general partner, the Partnership Units of the Operating Partnership may be redeemed, at the request of the holder of such Partnership Units, for a determinable amount in cash, or at the option of the Issuer, Class A Shares, at the rate of one Class A Share for each Partnership Unit redeemed.

F11 · kind: The Issuer elected to redeem all of Mr. Lampert's 356,628 Partnership Units, The Nicholas Trust's 2,602 Partnership Units, and The Nina Trust's 2,602 Partnership Units with an aggregate of 361,832 Class A Shares. The redemption of Partnership Units by the Issuer with Class A Shares, and the receipt of such Class A Shares by each of Mr. Lampert, The Nicholas Trust, and The Nina Trust, is exempt from Section 16 of the Exchange Act pursuant to Rule 16b-6(b) thereunder.

F8 · shares: Mr. Lampert redeemed the 356,628 limited partnership interests (the "Partnership Units") of Seritage Growth Properties, L.P. (the "Operating Partnership") received by Mr. Lampert in the Partners Unit Distribution (as defined below). The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust") redeemed the 2,602 Partnership Units received by The Nicholas Trust in the Partners Unit Distribution. The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts") redeemed the 2,602 Partnership Units received by The Nina Trust from the Partners Unit Distribution.

F10 · price: Pursuant to the agreement of limited partnership of the Operating Partnership, of which the Issuer is the general partner, the Partnership Units of the Operating Partnership may be redeemed, at the request of the holder of such Partnership Units, for a determinable amount in cash, or at the option of the Issuer, Class A Shares, at the rate of one Class A Share for each Partnership Unit redeemed.

F11 · price: The Issuer elected to redeem all of Mr. Lampert's 356,628 Partnership Units, The Nicholas Trust's 2,602 Partnership Units, and The Nina Trust's 2,602 Partnership Units with an aggregate of 361,832 Class A Shares. The redemption of Partnership Units by the Issuer with Class A Shares, and the receipt of such Class A Shares by each of Mr. Lampert, The Nicholas Trust, and The Nina Trust, is exempt from Section 16 of the Exchange Act pursuant to Rule 16b-6(b) thereunder.

F14 · derivative.expiration_date: The Partnership Units do not expire.

F10 · derivative.underlying_shares: Pursuant to the agreement of limited partnership of the Operating Partnership, of which the Issuer is the general partner, the Partnership Units of the Operating Partnership may be redeemed, at the request of the holder of such Partnership Units, for a determinable amount in cash, or at the option of the Issuer, Class A Shares, at the rate of one Class A Share for each Partnership Unit redeemed.

F18 · balance_after: Includes 549,761 Partnership Units received by Mr. Lampert from RBS as a result of the RBS Unit Distribution. The acquisition of Partnership Units in either the Partners Unit Distribution or the RBS Unit Distribution constituted a change in the form of beneficial ownership without a change in pecuniary interest that is exempt from Section 16 of the Exchange Act pursuant to Rule 16a-13 thereunder. Rule 16a-9(a) under the Exchange Act may also exempt the acquisition of Partnership Units in either the Partners Unit Distribution or the RBS Unit Distribution from Section 16 of the Exchange Act.

F2 · ownership.direct: This statement is filed by and on behalf of Edward S. Lampert.

F3 · ownership.direct: The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.

F9 · ownership.direct: Mr. Lampert may be deemed to have beneficial ownership of securities owned by the Trusts.

SEC source: 0000899243-21-027481 · doc4.xml · derivative · entry 7

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 0

Underlying: Class A Common Shares · 0 shares

Expires not disclosed

F10 · derivative.exercise_price: Pursuant to the agreement of limited partnership of the Operating Partnership, of which the Issuer is the general partner, the Partnership Units of the Operating Partnership may be redeemed, at the request of the holder of such Partnership Units, for a determinable amount in cash, or at the option of the Issuer, Class A Shares, at the rate of one Class A Share for each Partnership Unit redeemed.

F17 · shares: Represents Partnership Units that were distributed by RBS on a pro rata basis its limited partners, including Mr. Lampert (the "RBS Unit Distribution").

F14 · derivative.expiration_date: The Partnership Units do not expire.

F2 · ownership.nature: This statement is filed by and on behalf of Edward S. Lampert.

F3 · ownership.nature: The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.

F4 · ownership.nature: RBS Partners, L.P. ("RBS") is the general partner of, and may be deemed to beneficially own securities owned by, Partners. Mr. Lampert is a limited partner of, and may be deemed to beneficially own securities owned by, RBS. ESL Investments, Inc. ("ESL") is the general partner of, and may be deemed to beneficially own securities owned by, RBS. Mr. Lampert is the Chairman, Chief Executive Officer and Director of, and may be deemed to beneficially own securities owned by, ESL.

F17 · ownership.nature: Represents Partnership Units that were distributed by RBS on a pro rata basis its limited partners, including Mr. Lampert (the "RBS Unit Distribution").

SEC source: 0000899243-21-027481 · doc4.xml · derivative · entry 5

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 0

Underlying: Class A Common Shares · 0 shares

Expires not disclosed

F10 · derivative.exercise_price: Pursuant to the agreement of limited partnership of the Operating Partnership, of which the Issuer is the general partner, the Partnership Units of the Operating Partnership may be redeemed, at the request of the holder of such Partnership Units, for a determinable amount in cash, or at the option of the Issuer, Class A Shares, at the rate of one Class A Share for each Partnership Unit redeemed.

F13 · shares: Represents Partnership Units that were distributed by Partners on a pro rata basis to its partners (the "Partners Unit Distribution").

F14 · derivative.expiration_date: The Partnership Units do not expire.

F2 · ownership.nature: This statement is filed by and on behalf of Edward S. Lampert.

F3 · ownership.nature: The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.

F4 · ownership.nature: RBS Partners, L.P. ("RBS") is the general partner of, and may be deemed to beneficially own securities owned by, Partners. Mr. Lampert is a limited partner of, and may be deemed to beneficially own securities owned by, RBS. ESL Investments, Inc. ("ESL") is the general partner of, and may be deemed to beneficially own securities owned by, RBS. Mr. Lampert is the Chairman, Chief Executive Officer and Director of, and may be deemed to beneficially own securities owned by, ESL.

F15 · ownership.nature: Represents Partnership Units directly beneficially owned by Partners.

SEC source: 0000899243-21-027481 · doc4.xml · nonDerivative · entry 4

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,073,186

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F8 · shares: Mr. Lampert redeemed the 356,628 limited partnership interests (the "Partnership Units") of Seritage Growth Properties, L.P. (the "Operating Partnership") received by Mr. Lampert in the Partners Unit Distribution (as defined below). The Nicholas Floyd Lampert 2015 Trust ("The Nicholas Trust") redeemed the 2,602 Partnership Units received by The Nicholas Trust in the Partners Unit Distribution. The Nina Rose Lampert 2015 Trust (the "The Nina Trust", and together with The Nicholas Trust, the "Trusts") redeemed the 2,602 Partnership Units received by The Nina Trust from the Partners Unit Distribution.

F10 · price: Pursuant to the agreement of limited partnership of the Operating Partnership, of which the Issuer is the general partner, the Partnership Units of the Operating Partnership may be redeemed, at the request of the holder of such Partnership Units, for a determinable amount in cash, or at the option of the Issuer, Class A Shares, at the rate of one Class A Share for each Partnership Unit redeemed.

F11 · price: The Issuer elected to redeem all of Mr. Lampert's 356,628 Partnership Units, The Nicholas Trust's 2,602 Partnership Units, and The Nina Trust's 2,602 Partnership Units with an aggregate of 361,832 Class A Shares. The redemption of Partnership Units by the Issuer with Class A Shares, and the receipt of such Class A Shares by each of Mr. Lampert, The Nicholas Trust, and The Nina Trust, is exempt from Section 16 of the Exchange Act pursuant to Rule 16b-6(b) thereunder.

F12 · balance_after: Includes 121,891 Class A Shares received by Mr. Lampert from Partners, 890 Class A Shares received by The Nicholas Trust from Partners, and 890 Class A Shares received by The Nina Trust from Partners, which were all received as a result of the Partners Share Distribution, as well as 187,905 Class A Shares received by Mr. Lampert from RBS as a result of the RBS Share Distribution. The acquisition of Class A Shares in either the Partners Share Distribution or the RBS Share Distribution constituted a change in the form of beneficial ownership without a change in pecuniary interest that is exempt from Section 16 of the Exchange Act pursuant to Rule 16a-13 thereunder. Rule 16a-9(a) under the Exchange Act may also exempt the acquisition of Class A Shares in either the Partners Share Distribution or the RBS Share Distribution from Section 16 of the Exchange Act.

F2 · ownership.direct: This statement is filed by and on behalf of Edward S. Lampert.

F3 · ownership.direct: The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.

F9 · ownership.direct: Mr. Lampert may be deemed to have beneficial ownership of securities owned by the Trusts.

SEC source: 0000899243-21-027481 · doc4.xml · nonDerivative · entry 3

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 0

F7 · shares: Represents Class A Shares that were distributed by RBS on a pro rata basis to its limited partners, including Mr. Lampert (the "RBS Share Distribution").

F2 · ownership.nature: This statement is filed by and on behalf of Edward S. Lampert.

F3 · ownership.nature: The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.

F4 · ownership.nature: RBS Partners, L.P. ("RBS") is the general partner of, and may be deemed to beneficially own securities owned by, Partners. Mr. Lampert is a limited partner of, and may be deemed to beneficially own securities owned by, RBS. ESL Investments, Inc. ("ESL") is the general partner of, and may be deemed to beneficially own securities owned by, RBS. Mr. Lampert is the Chairman, Chief Executive Officer and Director of, and may be deemed to beneficially own securities owned by, ESL.

F7 · ownership.nature: Represents Class A Shares that were distributed by RBS on a pro rata basis to its limited partners, including Mr. Lampert (the "RBS Share Distribution").

SEC source: 0000899243-21-027481 · doc4.xml · nonDerivative · entry 1

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 0

F1 · shares: Represents common shares of beneficial interest of Seritage Growth Properties (the "Issuer"), par value $0.01 per share ("Class A Shares"), that were distributed by ESL Partners, L.P. ("Partners") on a pro rata basis to its partners (the "Partners Share Distribution").

F2 · ownership.nature: This statement is filed by and on behalf of Edward S. Lampert.

F3 · ownership.nature: The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.

F4 · ownership.nature: RBS Partners, L.P. ("RBS") is the general partner of, and may be deemed to beneficially own securities owned by, Partners. Mr. Lampert is a limited partner of, and may be deemed to beneficially own securities owned by, RBS. ESL Investments, Inc. ("ESL") is the general partner of, and may be deemed to beneficially own securities owned by, RBS. Mr. Lampert is the Chairman, Chief Executive Officer and Director of, and may be deemed to beneficially own securities owned by, ESL.

F5 · ownership.nature: Represents Class A Shares directly beneficially owned by Partners.

SEC source: 0000895345-21-000525 · form4.xml · nonDerivative · entry 1

Fernand Matthew E · CIK 0001644525 · Chief Legal Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,336

F1 · shares: Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the settlement of time-based and performance-based Restricted Share Units ("RSUs").

F2 · balance_after: Includes 14,768 unvested RSUs, as of the date of this filing, after taking into account the transaction reported herein.

SEC source: 0000895345-21-000437 · form4.xml · nonDerivative · entry 1

Olshan Andrea · CIK 0001579816 · Director · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 82,936

F1 · shares: Represents a grant of Restricted Share Units under the Seritage Growth Properties 2015 Share Plan. This award will or did vest in substantially equal installments on each of the date of grant, March 16, 2022, March 16, 2023, and March 16, 2024.

SEC source: 0000899243-21-014853 · doc4.xml · derivative · entry 4

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,805,202

Underlying: Class A Common Shares · 11,805,202 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Pursuant to the agreement of limited partnership of the Operating Partnership, the Partnership Units of the Operating Partnership may be redeemed, at the request of the holder of such Partnership Units, for a determinable amount in cash, or at the option of the Issuer, Class A common shares of beneficial interest of the Issuer, par value $0.01 per share ("Class A Shares"), at the rate of one Class A Share for each Partnership Unit redeemed.

F9 · kind: The Issuer elected to redeem the 1,679,341 Partnership Units of Mr. Lampert with 1,679,341 Class A Shares. The redemption of Partnership Units by the Issuer with Class A Shares, and the receipt of such Class A Shares by Mr. Lampert, is exempt from Section 16 of the Exchange Act, pursuant to Rule 16b-6(b) thereunder.

F8 · shares: Mr. Lampert redeemed 1,679,341 Partnership Units of the Operating Partnership, of which the Issuer is the general partner.

F2 · price: Pursuant to the agreement of limited partnership of the Operating Partnership, the Partnership Units of the Operating Partnership may be redeemed, at the request of the holder of such Partnership Units, for a determinable amount in cash, or at the option of the Issuer, Class A common shares of beneficial interest of the Issuer, par value $0.01 per share ("Class A Shares"), at the rate of one Class A Share for each Partnership Unit redeemed.

F9 · price: The Issuer elected to redeem the 1,679,341 Partnership Units of Mr. Lampert with 1,679,341 Class A Shares. The redemption of Partnership Units by the Issuer with Class A Shares, and the receipt of such Class A Shares by Mr. Lampert, is exempt from Section 16 of the Exchange Act, pursuant to Rule 16b-6(b) thereunder.

F10 · derivative.expiration_date: The Partnership Units do not expire.

F2 · derivative.underlying_shares: Pursuant to the agreement of limited partnership of the Operating Partnership, the Partnership Units of the Operating Partnership may be redeemed, at the request of the holder of such Partnership Units, for a determinable amount in cash, or at the option of the Issuer, Class A common shares of beneficial interest of the Issuer, par value $0.01 per share ("Class A Shares"), at the rate of one Class A Share for each Partnership Unit redeemed.

F4 · ownership.direct: This statement is filed by and on behalf of Edward S. Lampert. Mr. Lampert and Partners are the direct beneficial owners of the securities covered by this statement.

F5 · ownership.direct: The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.

SEC source: 0000899243-21-014853 · doc4.xml · derivative · entry 3

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 1,385,839

Underlying: Class A Common Shares · 1,385,839 shares

Expires not disclosed

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · derivative.exercise_price: Pursuant to the agreement of limited partnership of the Operating Partnership, the Partnership Units of the Operating Partnership may be redeemed, at the request of the holder of such Partnership Units, for a determinable amount in cash, or at the option of the Issuer, Class A common shares of beneficial interest of the Issuer, par value $0.01 per share ("Class A Shares"), at the rate of one Class A Share for each Partnership Unit redeemed.

F3 · kind: The Issuer elected to redeem the 473,669 Partnership Units of Partners with 473,669 Class A Shares. The redemption of Partnership Units by the Issuer with Class A Shares, and the receipt of such Class A Shares by Partners, is exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16b-6(b) thereunder.

F1 · shares: ESL Partners, L.P. ("Partners") redeemed 473,669 limited partnership interests ("Partnership Units") of Seritage Growth Properties, L.P. (the "Operating Partnership"), of which Seritage Growth Properties (the "Issuer") is the general partner.

F2 · price: Pursuant to the agreement of limited partnership of the Operating Partnership, the Partnership Units of the Operating Partnership may be redeemed, at the request of the holder of such Partnership Units, for a determinable amount in cash, or at the option of the Issuer, Class A common shares of beneficial interest of the Issuer, par value $0.01 per share ("Class A Shares"), at the rate of one Class A Share for each Partnership Unit redeemed.

F3 · price: The Issuer elected to redeem the 473,669 Partnership Units of Partners with 473,669 Class A Shares. The redemption of Partnership Units by the Issuer with Class A Shares, and the receipt of such Class A Shares by Partners, is exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16b-6(b) thereunder.

F10 · derivative.expiration_date: The Partnership Units do not expire.

F2 · derivative.underlying_shares: Pursuant to the agreement of limited partnership of the Operating Partnership, the Partnership Units of the Operating Partnership may be redeemed, at the request of the holder of such Partnership Units, for a determinable amount in cash, or at the option of the Issuer, Class A common shares of beneficial interest of the Issuer, par value $0.01 per share ("Class A Shares"), at the rate of one Class A Share for each Partnership Unit redeemed.

F4 · ownership.nature: This statement is filed by and on behalf of Edward S. Lampert. Mr. Lampert and Partners are the direct beneficial owners of the securities covered by this statement.

F5 · ownership.nature: The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.

F6 · ownership.nature: RBS Partners, L.P. ("RBS") is the general partner of, and may be deemed to beneficially own securities owned by, Partners. Mr. Lampert is a limited partner of, and may be deemed to beneficially own certain securities owned by, RBS. ESL Investments, Inc. ("ESL") is the general partner of, and may be deemed to beneficially own securities owned by, RBS. Mr. Lampert is the Chairman, Chief Executive Officer and Director of, and may be deemed to beneficially own securities owned by, ESL.

F11 · ownership.nature: Represents Partnership Units directly beneficially owned by Partners.

SEC source: 0000899243-21-014853 · doc4.xml · nonDerivative · entry 2

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,399,778

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F8 · shares: Mr. Lampert redeemed 1,679,341 Partnership Units of the Operating Partnership, of which the Issuer is the general partner.

F2 · price: Pursuant to the agreement of limited partnership of the Operating Partnership, the Partnership Units of the Operating Partnership may be redeemed, at the request of the holder of such Partnership Units, for a determinable amount in cash, or at the option of the Issuer, Class A common shares of beneficial interest of the Issuer, par value $0.01 per share ("Class A Shares"), at the rate of one Class A Share for each Partnership Unit redeemed.

F9 · price: The Issuer elected to redeem the 1,679,341 Partnership Units of Mr. Lampert with 1,679,341 Class A Shares. The redemption of Partnership Units by the Issuer with Class A Shares, and the receipt of such Class A Shares by Mr. Lampert, is exempt from Section 16 of the Exchange Act, pursuant to Rule 16b-6(b) thereunder.

F4 · ownership.direct: This statement is filed by and on behalf of Edward S. Lampert. Mr. Lampert and Partners are the direct beneficial owners of the securities covered by this statement.

F5 · ownership.direct: The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.

SEC source: 0000899243-21-014853 · doc4.xml · nonDerivative · entry 1

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 473,669

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: ESL Partners, L.P. ("Partners") redeemed 473,669 limited partnership interests ("Partnership Units") of Seritage Growth Properties, L.P. (the "Operating Partnership"), of which Seritage Growth Properties (the "Issuer") is the general partner.

F2 · price: Pursuant to the agreement of limited partnership of the Operating Partnership, the Partnership Units of the Operating Partnership may be redeemed, at the request of the holder of such Partnership Units, for a determinable amount in cash, or at the option of the Issuer, Class A common shares of beneficial interest of the Issuer, par value $0.01 per share ("Class A Shares"), at the rate of one Class A Share for each Partnership Unit redeemed.

F3 · price: The Issuer elected to redeem the 473,669 Partnership Units of Partners with 473,669 Class A Shares. The redemption of Partnership Units by the Issuer with Class A Shares, and the receipt of such Class A Shares by Partners, is exempt from Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), pursuant to Rule 16b-6(b) thereunder.

F4 · ownership.nature: This statement is filed by and on behalf of Edward S. Lampert. Mr. Lampert and Partners are the direct beneficial owners of the securities covered by this statement.

F5 · ownership.nature: The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Exchange Act or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.

F6 · ownership.nature: RBS Partners, L.P. ("RBS") is the general partner of, and may be deemed to beneficially own securities owned by, Partners. Mr. Lampert is a limited partner of, and may be deemed to beneficially own certain securities owned by, RBS. ESL Investments, Inc. ("ESL") is the general partner of, and may be deemed to beneficially own securities owned by, RBS. Mr. Lampert is the Chairman, Chief Executive Officer and Director of, and may be deemed to beneficially own securities owned by, ESL.

F7 · ownership.nature: Represents Class A Shares directly beneficially owned by Partners.

SEC source: 0000895345-21-000419 · form4.xml · nonDerivative · entry 1

Thrush Allison · CIK 0001774397 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,450

SEC source: 0000899243-21-012798 · doc4.xml · nonDerivative · entry 3

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,720,437

F4 · price: This price represents the approximate weighted average price per share of Class A Shares of sales that were executed at prices ranging from $21.10 to $21.275 per Class A Share. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the price per Class A Share and the number of Class A Shares sold at each price.

F2 · ownership.direct: This statement is filed by and on behalf of Edward S. Lampert. Mr. Lampert is the direct beneficial owner of the securities covered by this statement.

SEC source: 0000899243-21-012798 · doc4.xml · nonDerivative · entry 2

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,787,930

F3 · price: This price represents the approximate weighted average price per share of Class A Shares of sales that were executed at prices ranging from $22.025 to $22.23 per Class A Share. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the price per Class A Share and the number of Class A Shares sold at each price.

F2 · ownership.direct: This statement is filed by and on behalf of Edward S. Lampert. Mr. Lampert is the direct beneficial owner of the securities covered by this statement.

SEC source: 0000899243-21-012798 · doc4.xml · nonDerivative · entry 1

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,838,653

F1 · price: This price represents the approximate weighted average price per share of Class A common shares of beneficial interest of Seritage Growth Properties (the "Issuer"), par value $0.01 per share ("Class A Shares"), of sales that were executed at prices ranging from $22.30 to $22.52 per Class A Share. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the price per Class A Share and the number of Class A Shares sold at each price.

F2 · ownership.direct: This statement is filed by and on behalf of Edward S. Lampert. Mr. Lampert is the direct beneficial owner of the securities covered by this statement.

SEC source: 0000895345-21-000366 · form4.xml · nonDerivative · entry 4

Galvin Andrew · CIK 0001851284 · EVP of Investments

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,331

F3 · shares: Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the settlement of time-based and performance-based RSUs.

F4 · balance_after: Includes 9,184 unvested RSUs, as of the date of this filing, after taking into account the transactions reported herein.

SEC source: 0000895345-21-000366 · form4.xml · nonDerivative · entry 3

Galvin Andrew · CIK 0001851284 · EVP of Investments

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,476

F3 · shares: Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the settlement of time-based and performance-based RSUs.

F4 · balance_after: Includes 9,184 unvested RSUs, as of the date of this filing, after taking into account the transactions reported herein.

SEC source: 0000895345-21-000369 · form4.xml · nonDerivative · entry 2

Fernand Matthew E · CIK 0001644525 · General Counsel and EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,582

F1 · shares: Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the settlement of time-based and performance-based Restricted Share Units ("RSUs").

F2 · balance_after: Includes 27,378 unvested RSUs, as of the date of this filing.

SEC source: 0000895345-21-000369 · form4.xml · nonDerivative · entry 1

Fernand Matthew E · CIK 0001644525 · General Counsel and EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 54,869

F1 · shares: Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the settlement of time-based and performance-based Restricted Share Units ("RSUs").

F2 · balance_after: Includes 27,378 unvested RSUs, as of the date of this filing.

SEC source: 0000895345-21-000367 · form4.xml · nonDerivative · entry 1

Lombard Kenneth T · CIK 0001327762 · EVP, Chief Operating Officer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 26,381

F1 · shares: Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the settlement of time-based Restricted Share Units ("RSUs").

F2 · balance_after: Includes 21,114 unvested RSUs, as of the date of this filing.

SEC source: 0000895345-21-000368 · form4.xml · nonDerivative · entry 1

Lombard Amanda · CIK 0001832321 · CFO and EVP

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,298

F1 · shares: Represents shares withheld by the issuer to cover tax obligations of the reporting person in connection with the settlement of time-based Restricted Share Units ("RSUs").

F2 · balance_after: Includes 4,912 unvested RSUs, as of the date of this filing.

SEC source: 0000899243-21-011992 · doc4.xml · nonDerivative · entry 3

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,862,909

F6 · price: This price represents the approximate weighted average price per share of Class A Shares of sales that were executed at prices ranging from $22.70 to $23.42 per Class A Share. The reporting persons undertake to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the price per Class A Share and the number of Class A Shares sold at each price.

F2 · ownership.direct: This statement is filed by and on behalf of Edward S. Lampert. Mr. Lampert and ESL Partners, L.P. ("Partners") are the direct beneficial owners of the securities covered by this statement.

F3 · ownership.direct: RBS Partners, L.P. ("RBS") is the general partner of, and may be deemed to beneficially own securities owned by, Partners. Mr. Lampert is a limited partner of, and may be deemed to beneficially own certain securities owned by, RBS. ESL Investments, Inc. ("ESL") is the general partner of, and may be deemed to beneficially own securities owned by, RBS. Mr. Lampert is the Chairman, Chief Executive Officer and Director of, and may be deemed to beneficially own securities owned by, ESL.

F4 · ownership.direct: The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.

SEC source: 0000899243-21-011992 · doc4.xml · nonDerivative · entry 2

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Indirect · See Footnotes

Disclosed balance after: 0

F1 · price: This price represents the approximate weighted average price per share of Class A common shares of beneficial interest of Seritage Growth Properties (the "Issuer"), par value $0.01 per share ("Class A Shares"), of sales that were executed at prices ranging from $23.25 to $23.68 per Class A Share. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the price per Class A Share and the number of Class A Shares sold at each price.

F2 · ownership.nature: This statement is filed by and on behalf of Edward S. Lampert. Mr. Lampert and ESL Partners, L.P. ("Partners") are the direct beneficial owners of the securities covered by this statement.

F3 · ownership.nature: RBS Partners, L.P. ("RBS") is the general partner of, and may be deemed to beneficially own securities owned by, Partners. Mr. Lampert is a limited partner of, and may be deemed to beneficially own certain securities owned by, RBS. ESL Investments, Inc. ("ESL") is the general partner of, and may be deemed to beneficially own securities owned by, RBS. Mr. Lampert is the Chairman, Chief Executive Officer and Director of, and may be deemed to beneficially own securities owned by, ESL.

F4 · ownership.nature: The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.

F5 · ownership.nature: Represents Class A Shares directly beneficially owned by Partners.

SEC source: 0000899243-21-011992 · doc4.xml · nonDerivative · entry 1

LAMPERT EDWARD S · CIK 0001183200 · Trustee

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,886,385

F1 · price: This price represents the approximate weighted average price per share of Class A common shares of beneficial interest of Seritage Growth Properties (the "Issuer"), par value $0.01 per share ("Class A Shares"), of sales that were executed at prices ranging from $23.25 to $23.68 per Class A Share. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the price per Class A Share and the number of Class A Shares sold at each price.

F2 · ownership.direct: This statement is filed by and on behalf of Edward S. Lampert. Mr. Lampert and ESL Partners, L.P. ("Partners") are the direct beneficial owners of the securities covered by this statement.

F3 · ownership.direct: RBS Partners, L.P. ("RBS") is the general partner of, and may be deemed to beneficially own securities owned by, Partners. Mr. Lampert is a limited partner of, and may be deemed to beneficially own certain securities owned by, RBS. ESL Investments, Inc. ("ESL") is the general partner of, and may be deemed to beneficially own securities owned by, RBS. Mr. Lampert is the Chairman, Chief Executive Officer and Director of, and may be deemed to beneficially own securities owned by, ESL.

F4 · ownership.direct: The reporting person states that neither the filing of this statement nor anything herein shall be deemed an admission that such person is, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise, the beneficial owner of any securities covered by this statement. The reporting person disclaims beneficial ownership of the securities covered by this statement, except to the extent of the pecuniary interest of such person in such securities.