<SEC-DOCUMENT>0000950170-24-020273.txt : 20240226
<SEC-HEADER>0000950170-24-020273.hdr.sgml : 20240226
<ACCEPTANCE-DATETIME>20240226170830
ACCESSION NUMBER:		0000950170-24-020273
CONFORMED SUBMISSION TYPE:	144
PUBLIC DOCUMENT COUNT:		1
FILED AS OF DATE:		20240226
DATE AS OF CHANGE:		20240226

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			CBL & ASSOCIATES PROPERTIES INC
		CENTRAL INDEX KEY:			0000910612
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		IRS NUMBER:				621545718
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		144
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	001-12494
		FILM NUMBER:		24680062

	BUSINESS ADDRESS:	
		STREET 1:		2030 HAMILTON PLACE BVLD, SUITE 500
		STREET 2:		CBL CENTER
		CITY:			CHATTANOOGA
		STATE:			TN
		ZIP:			37421
		BUSINESS PHONE:		4238550001

	MAIL ADDRESS:	
		STREET 1:		2030 HAMILTON PLACE BVLD, SUITE 500
		STREET 2:		CBL CENTER
		CITY:			CHATTANOOGA
		STATE:			TN
		ZIP:			37421

REPORTING-OWNER:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			LEBOVITZ STEPHEN D
		CENTRAL INDEX KEY:			0001220925
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		144

	MAIL ADDRESS:	
		STREET 1:		2030 HAMILTON PLACE STE 500
		CITY:			CHATTANOOGA
		STATE:			TN
		ZIP:			374216000
</SEC-HEADER>
<DOCUMENT>
<TYPE>144
<SEQUENCE>1
<FILENAME>primary_doc.xml
<TEXT>
<XML>
<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/ownership" xmlns:xsd="http://www.w3.org/2001/XMLSchema" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<headerData>
<submissionType>144</submissionType>
<filerInfo>
<filer>
<filerCredentials>
<cik>0001220925</cik>
<ccc>XXXXXXXX</ccc>
</filerCredentials>
</filer>
<liveTestFlag>LIVE</liveTestFlag>
</filerInfo>
</headerData>
<formData>
<issuerInfo>
<issuerCik>0000910612</issuerCik>
<issuerName>CBL &amp; Associates Properties, Inc.</issuerName>
<secFileNumber>001-12494</secFileNumber>
<issuerAddress>
<street1 xmlns="http://www.sec.gov/edgar/common">2030 HAMILTON PLACE BVLD</street1>
<street2 xmlns="http://www.sec.gov/edgar/common"> SUITE 500, CBL CENTER</street2>
<city xmlns="http://www.sec.gov/edgar/common">CHATTANOOGA</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">TN</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">37421</zipCode>
</issuerAddress>
<issuerContactPhone>423-855-0001</issuerContactPhone>
<nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>Stephen D. Lebovitz</nameOfPersonForWhoseAccountTheSecuritiesAreToBeSold>
<relationshipsToIssuer>
<relationshipToIssuer>Chief Executive Officer</relationshipToIssuer>
</relationshipsToIssuer>
</issuerInfo>
<securitiesInformation>
<securitiesClassTitle>Common Stock</securitiesClassTitle>
<brokerOrMarketmakerDetails>
<name>J.P. Morgan Securities LLC</name>
<address>
<street1 xmlns="http://www.sec.gov/edgar/common">160 Federal Street</street1>
<street2 xmlns="http://www.sec.gov/edgar/common">FL8</street2>
<city xmlns="http://www.sec.gov/edgar/common">Boston</city>
<stateOrCountry xmlns="http://www.sec.gov/edgar/common">MA</stateOrCountry>
<zipCode xmlns="http://www.sec.gov/edgar/common">02110</zipCode>
</address>
</brokerOrMarketmakerDetails>
<noOfUnitsSold>116576</noOfUnitsSold>
<aggregateMarketValue>2803653</aggregateMarketValue>
<noOfUnitsOutstanding>32001237</noOfUnitsOutstanding>
<approxSaleDate>02/27/2024</approxSaleDate>
<securitiesExchangeName>NYSE</securitiesExchangeName>
</securitiesInformation>
<securitiesToBeSold>
<securitiesClassTitle>Common Stock</securitiesClassTitle>
<acquiredDate>11/01/2021</acquiredDate>
<natureOfAcquisitionTransaction>See Remarks</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc., as reorganized debtor-in-possession under the Plan.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>9203</amountOfSecuritiesAcquired>
<paymentDate>11/01/2021</paymentDate>
<natureOfPayment>Exchange for old Common Stock under the Plan.</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common Stock</securitiesClassTitle>
<acquiredDate>11/01/2021</acquiredDate>
<natureOfAcquisitionTransaction>Additional 107,373 shares were acquired on dates indicated through awards under the issuer's registered 2021 Equity Incentive Plan.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>45487</amountOfSecuritiesAcquired>
<paymentDate>12/15/2022</paymentDate>
<natureOfPayment>Vesting of equity awards to CEO under issuer's registered 2021 Equity Incentive Plan.</natureOfPayment>
</securitiesToBeSold>
<securitiesToBeSold>
<securitiesClassTitle>Common Stock</securitiesClassTitle>
<acquiredDate>11/01/2021</acquiredDate>
<natureOfAcquisitionTransaction>Additional 107,373 shares were acquired on dates indicated through awards under the issuer's registered 2021 Equity Incentive Plan.</natureOfAcquisitionTransaction>
<nameOfPersonfromWhomAcquired>CBL &amp; Associates Properties, Inc.</nameOfPersonfromWhomAcquired>
<isGiftTransaction>N</isGiftTransaction>
<amountOfSecuritiesAcquired>61886</amountOfSecuritiesAcquired>
<paymentDate>12/31/2022</paymentDate>
<natureOfPayment>Vesting of equity awards to CEO under issuer's registered 2021 Equity Incentive Plan.</natureOfPayment>
</securitiesToBeSold>
<nothingToReportFlagOnSecuritiesSoldInPast3Months>Y</nothingToReportFlagOnSecuritiesSoldInPast3Months>
<remarks>9,203 shares are New Common Stock received in exchange for 1,686,234 shares of old Common Stock on the 11/1/2021 Effective Date of the Third Amended Joint Chapter 11 Plan of Reorganization of CBL &amp; Associates Properties, Inc. and Affiliated Debtors, with Technical Modifications (the "Plan"). The old Common Stock was acquired through multiple DRIP reinvestments and vesting of issuer equity compensation awards on dates ranging from 11/4/1994 through 2/11/2021.</remarks>
<noticeSignature>
<noticeDate>02/26/2024</noticeDate>
<signature>/s/ Stephen D. Lebovitz</signature>
</noticeSignature>
</formData>
</edgarSubmission>
</XML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
