SM Prime : Statement of Changes in Beneficial Ownership of Securities

I FORM 23-B I

C::J Check box W nolonger subject to fihng requirement

SECURITIES AND EXCHANGE COMMISSION

Metro Manila, Philippines

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Flied pursuant to Section 23 of the Securities Regulation Code

REVISED

1 Name ano "uuress 01 Keporung .-erson 12. issuer Name ano irao,ng :symoo1 Ir. Ke1auonsn1p 01 Keporung Person 10 1ssu11r

Sibayan Joselito H. SM Prime Holdings, Inc. (SMPHI) (Check all applicable)

(Last) (First) (Mlddle) 3. Tax Identification 5. Statement for

x_ Director

-- --

-- 10% CMner

Number Month/Year Officer Other

(give tiUe below) (specify below)

3 Montesque St., La Vista 900-379-833 31-Mav-17

,.,ueet) 4. "1uzensn1p Io. 11 ,vnmumen uate 01 Original (MonthYear)

Quezon City 1108 Filipino

Table 1- Equity Securities Beneficially Owned -

l(, _..;._ ------

1. Class of Equity Security 2. Transaction 4. Securities Acquired (A) or Disposed of (D) 3. Amount of Securities Owned al End of Month 4 Ownership Fonn: 6.Nature of Indirect Beneficial Date uirect (UJ or 1noirect (I) • Ownership

   (Month/Day/Year) % Number of Shares

   Amount (A) or(D) Price

   Common Stock - A 5-Apr-17 0.000091% 26,375 D

   31-May-17 (10,000) (D) 33.70 -0.000035% (10,000) D

   Total holdings as of May 31, 2017 0.000057% 16,375

   If the change In beneficial ownership Is 50% of the previous shareholdings or Is equal to 5°Ai of the outstanding p,!!!11 stock of the Issuer, provide the disclosure requirements set forth on page 3 of this form.

   Reminder. Report on a separate line for each class of equity securities beneficially owned directly orindirectly.

2. A person is directiy orindirectly the beneficial owner of any equity security with respect to which he has or shares:

3. Voting power Which includes the J)OW('r to vote, or to direct the voting of,such security;and/or

4. Investment power whichincludes the power to dispose of,or to direct the disposition of,such security

5. A personwill be deemed to have anindirect beneficial interestIn any equity security whichis:

6. held by members of a person's Immediate family sharing the same household;

7. held by a partnership Inwhich such personIs a general partner,

(C) held by a corporation of which such personIs a controlling shareholder; or

(D) subject to any contract, arrangement or understandingwhich gives such person voting power or Investment power with respect to such security.

(Print or Type Responses)

IN CASE OF MATERIAL CHANGES IN BENEFICIAL OWNERSHIP (50% INCREASE/DECR EASE OR EQUIVALENT TO 5% OF THE OUTSTANDING CAPITAL STOCK OF ISSUER) Item 1. Item 2. Item 3. Security and Issuer

State the title of the class of equity securities to which this Form relates and the name and address of the principal executive offices of the issuer of such securities.

Identity and Background

If the person filing this Form is a corporation, partnership, syndicate or other group of persons, state its name, the province, country or other place of its organization. its principal business, the address of its principal office and the information required by {d) and {e) of this Item. If the person filing this statement is a natural person, provide the information specified in (a) through (f) of this Item with respect to such person(s).

1. Name;

2. Residence or business address;

3. Present principal occupation or employment and the name, principal business and address of any corporation or other organization in which such employment is conducted;

4. Whether or not, during the last five years, such person has been convicted in a criminal proceeding (excluding traffic violations or similar misdemeanors) and, if so, give the dates, nature of conviction, name and location of court, any penalty imposed, or other disposition of the case;

5. Whether or not, during the last five years, such person was a party to a civil proceeding of a judicial or administrative body of competent jurisdiction, domestic or foreign, and as a result of such proceeding was or is subject to any order, judgment or decree, not subsequently reversed, suspended or vacated, permanently or temporarily enjoining, barring, suspending or otherwise limiting involvement in any type of business, securities, commodities or banking; and

Citizenship.

Purpose of Transaction

State the purpose or purposes of the acquisition of securities of the issuer. Describe any plans or proposals which the reporting persons may have which relate to or would result in:

1. The acquisition by any person of additional securities of the issuer, or the disposition of securities of the issuer;

2. An extraordinary corporate transaction, such as a merger, reorganization or liquidation, involving the issuer or any of its subsidiaries;

3. A sale or transfer of a material amount of assets of the issuer or of any of its subsidiaries;

4. Any change in the present board of directors or management of the issuer, including any plans or proposals to change the number or term of directors or to fill any existing vacancies on the board;

5. Any material change in the present capitalization or dividend policy of the issuer; f. Any other material change in the issuer's business or corporate structure;

1. Changes in the issuer's charter, bylaws or instruments corresponding thereto or other actions which may impede the acquisition of control of the issuer by any person;

2. Causing a class of securities of the issuer to be delisted from a securities exchange;

3. Any action similar to any of those enumerated above.

   Item 4. Interest in Securities of the Issuer

4. State the aggregate number and percentage of the class of securities identified pursuant to Item 1 beneficially owned (identifying those shares which there is a right to acquire within thirty (30) days from the date of this report) by each person named in Item 2. The abovementioned information should also be furnished with respect to persons who, together with any of the persons named in Item 2, comprise a group.

   FORM 23-B (continued) Table II - Derivative Securities Acquired,Disposed of,or Beneficially Owned (e.g.,warrants,options,convertible securities)

   1. uenvalive ;:,ecurny

   12. 1.,onvers1on or Exercise Price of Derivative Security

   :i. iransaclion Date (Month/Day/Yr)

   4. Numoer or uenvat,ve :;ecunues Acquired(A) or Disposed of (D)

   ;:, uate Exercisable and Expiration Date (Month/Day/Year)

   Io. 1111e ana MJOOUnt 01 Underlying Securities

   1. n1ceor Derivative Security

   its. No.or Derivative Securities Beneficially Owned at End of Month

   ll.uwner- ship Form of Derivative Security, Direct (D) or tnOirect (I) -

   11u. Nature of Indirect Beneficial Ownership

   Amount

   (A)or (D)

   ua,e 1:xere1sao1e

   1 irauon Date

   Title

   Mt or Number of Shares

   1

   Explanation of Responses·

   Note: File three (3) copies of this form, one of which must be manually signed.

   Attach additional sheets if space provided is insufficient.

   -1-May-17

   Date

5. For each person named in response to paragraph (a), indicate the number of shares as to which there is sole power to vote or to direct the vote, shared power to vote or to direct the vote, sole or shared power to dispose or to direct the disposition. Provide the applicable information required by Item 2 with respect to each person with whom the power to vote or to direct the vote or to dispose or direct the disposition is shared.

6. Describe any transaction in the class of securities reported on that were effected during the past sixty (60) days by the persons named in response to paragraph (a). The description shall include, but not necessarily be limited to: (1) the identity of the person who effected the transaction; (2) the date of the transaction; (3) the amount of securities involved; (4) the price per share or unit; and (5) where or how the transaction was effected.

7. If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of such securities, a statement to that effect should be included in response to this Item and, if such interest relates to more than five (5%) percent of the class, such person should be identified.

8. If the filing is an amendment reflecting the fact that the reporting person has ceased to be the beneficial owner of more than five (5%) percent of the class of securities, state the date on which such beneficial ownership was reduced.

Item 5. Contracts, Arrangements, Understandings or Relationships with Respect to Securities of the Issuer

Describe any contract, arrangement, understanding or relationship among the person named in Item 2 and between such persons and any person with respect to any securities of the issue, including but not limited to transfer or voting of any of the securities, finder's fees, joint ventures, loan or option arrangements, puts or calls, guarantees of profits, division of profits or loss, or the giving or withholding of proxies, naming the person with whom such contracts, arrangements , understandings or relationships have been entered into. Include such information for any of the securities that are pledged or otherwise subject to a contingency the occurrence of which would give another person voting power or investment power over such securities except that disclosure of standard default and similar provisions contained in loan agreements need not be included.

Item 6. Material to be Filed as Exhibits

Copies of all written agreements, contracts, arrangements , understandings, plans or proposals relating to:

1. the acquisition of issuer control, liquidation, sale of assets, merger, or change in business or corporate structure or any other matter as disclosed in Item 3; and

2. the transfer or voting of the securities, finder's fees, joint ventures, options, puts, calls, guarantees of loans, guarantees against losses or the giving or withholding of any proxy as disclosed in Item 5.

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this Report is true, complete and accurate. This report is signed in the City of .............................................................. on 20..........

Joselito H. Sibayan I Independent Director

(NamefTitle)