Edgar Filing: Partners Ltd

Ownership Submission

FORM 4

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

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

OMB APPROVAL

OMB Number:

3235-0287

Expires:

January 31, 2005

Estimated average burden hours per response...

0.5

(Print or Type Responses)

1. Name and Address of Reporting Person ^*

BROOKFIELD ASSET MANAGEMENT INC.

2. Issuer Name and Ticker or Trading Symbol
GGP Inc. [GGP]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

__X__ Director	__X__ 10% Owner
_____ Officer (give title below)	__X__ Other (specify below)
Director by deputization***

(Last)

(First)

(Middle)

181 BAY STREET, SUITE 300

3. Date of Earliest Transaction (Month/Day/Year)
10/06/2017

(Street)

TORONTO, A6 M5J 2T3

4. If Amendment, Date Original Filed(Month/Day/Year)

6. Individual or Joint/Group Filing(Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person

(City)

(State)

(Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1.Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock, par value $0.01 per share	10/06/2017		M		24,063,298	A	$ 8.3621 ⁽¹⁾	24,063,298	I	see footnote ⁽¹⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share	10/06/2017		M		21,123,856	A	$ 8.1678 ⁽²⁾	21,123,856	I	see footnote ⁽²⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share	10/06/2017		D⁽²⁾		8,134,626.87	D	$ 21.21 ⁽²⁾	12,989,228	I	see footnote ⁽²⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share	10/06/2017		M		82,559	A	$ 8.3621 ⁽³⁾	351,958	I	see footnote ⁽³⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share	10/06/2017		M		94,703	A	$ 8.3621 ⁽⁴⁾	403,716	I	see footnote ⁽⁴⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share	10/06/2017		M		1,465,005	A	$ 8.3621 ⁽⁵⁾	5,374,254	I	see footnote ⁽⁵⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share	10/06/2017		M		21,853	A	$ 8.3621 ⁽⁶⁾	92,828	I	see footnote ⁽⁶⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share	10/06/2017		M		497,868	A	$ 8.3621 ⁽⁷⁾	1,842,703	I	see footnote ⁽⁷⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share	10/06/2017		M		497,868	A	$ 8.3621 ⁽⁸⁾	1,849,568	I	see footnote ⁽⁸⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share	10/06/2017		M		28,573,419	A	$ 8.3621 ⁽⁹⁾	28,573,419	I	see footnote ⁽⁹⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share								10,104	I	see footnote ⁽¹⁰⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share								18,671	I	see footnote ⁽¹¹⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share								8,670,667	I	see footnote ⁽¹²⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share								61,444,210	I	see footnote ⁽¹³⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share								8,670,667	I	see footnote ⁽¹⁴⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share								37,191,170	I	see footnote ⁽¹⁵⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share								53,000,412	I	see footnote ⁽¹⁶⁾ ⁽¹⁸⁾
Common Stock, par value $0.01 per share								79,094,965	I	see footnote ⁽¹⁷⁾ ⁽¹⁸⁾

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
	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 control number.		SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security
(Instr. 3)

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
(Instr. 8)

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 Underlying Securities
(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

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Warrants to acquire Common Stock

$ 8.3621 ⁽¹⁹⁾

10/06/2017

18,714,651

11/09/2010

11/09/2017

Common Stock

24,063,298

$ 0

see footnote ⁽¹⁾ ⁽¹⁸⁾

Warrants to acquire Common Stock

$ 8.1678 ⁽²⁰⁾

10/06/2017

16,428,571

11/09/2010

11/09/2017

Common Stock

21,123,856

$ 0

see footnote ⁽²⁾ ⁽¹⁸⁾

Warrants to acquire Common Stock

$ 8.3621 ⁽¹⁹⁾

10/06/2017

64,209

11/09/2010

11/09/2017

Common Stock

82,559

$ 0

see footnote ⁽³⁾ ⁽¹⁸⁾

Warrants to acquire Common Stock

$ 8.3621 ⁽¹⁹⁾

10/06/2017

73,653

11/09/2010

11/09/2017

Common Stock

94,703

$ 0

see footnote ⁽⁴⁾ ⁽¹⁸⁾

Warrants to acquire Common Stock

$ 8.3621 ⁽¹⁹⁾

10/06/2017

1,139,373

11/09/2010

11/09/2017

Common Stock

1,465,005

$ 0

see footnote ⁽⁵⁾ ⁽¹⁸⁾

Warrants to acquire Common Stock

$ 8.3621 ⁽¹⁹⁾

10/06/2017

16,996

11/09/2010

11/09/2017

Common Stock

21,853

$ 0

see footnote ⁽⁶⁾ ⁽¹⁸⁾

Warrants to acquire Common Stock

$ 8.3621 ⁽¹⁹⁾

10/06/2017

387,205

11/09/2010

11/09/2017

Common Stock

497,868

$ 0

see footnote ⁽⁷⁾ ⁽¹⁸⁾

Warrants to acquire Common Stock

$ 8.3621 ⁽¹⁹⁾

10/06/2017

387,205

11/09/2010

11/09/2017

Common Stock

497,868

$ 0

see footnote ⁽⁸⁾ ⁽¹⁸⁾

Warrants to acquire Common Stock

$ 8.3621 ⁽¹⁹⁾

10/06/2017

22,222,290

11/09/2010

11/09/2017

Common Stock

28,573,419

$ 0

see footnote ⁽⁹⁾ ⁽¹⁸⁾

Reporting Owners

Reporting Owner Name / Address	Relationships
Reporting Owner Name / Address	Director	10% Owner	Officer	Other
BROOKFIELD ASSET MANAGEMENT INC. 181 BAY STREET, SUITE 300 TORONTO, A6 M5J 2T3	X	X		Director by deputization***
Partners Ltd 181 BAY STREET, SUITE 300 TORONTO, A6 M5J 2T3	X	X		Director by deputization

Signatures

BROOKFIELD ASSET MANAGEMENT INC., /s/ Aleks Novakovic, Managing Partner		10/11/2017
^**Signature of Reporting Person		Date
PARTNERS LIMITED, /s/ Brian Lawson, President		10/11/2017
^**Signature of Reporting Person		Date

Explanation of Responses:

*	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).
(1)	See Exhibit 99.1; Note 1.
(2)	See Exhibit 99.1; Note 2.
(3)	See Exhibit 99.1; Note 3.
(4)	See Exhibit 99.1; Note 4.
(5)	See Exhibit 99.1; Note 5.
(6)	See Exhibit 99.1; Note 6.
(7)	See Exhibit 99.1; Note 7.
(8)	See Exhibit 99.1; Note 8.
(9)	See Exhibit 99.1; Note 9.
(10)	See Exhibit 99.1; Note 10.
(11)	See Exhibit 99.1; Note 11.
(12)	See Exhibit 99.1; Note 12.
(13)	See Exhibit 99.1; Note 13.
(14)	See Exhibit 99.1; Note 14.
(15)	See Exhibit 99.1; Note 15.
(16)	See Exhibit 99.1; Note 16.
(17)	See Exhibit 99.1; Note 17.
(18)	See Exhibit 99.1; Note 18.
(19)	See Exhibit 99.1; Note 19.
(20)	See Exhibit 99.1; Note 20.
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 Persons. The Reporting Persons are "directors by deputization" solely for purposes of Section 16 of the Securities Exchange Act of 1934.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.