SEC Form 4 · accession 0001140361-15-000204
URSTADT BIDDLE PROPERTIES INC · UBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
E Virgil Conway
Director
Period of report
Jan 2, 2015
Accepted (ET)
Jan 5, 2015 · 9:54 am EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001029800
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A Common StockF2,F3 | Jan 2, 2015 | J | 1,000 | $0.00 | A | 92,221 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On January 2, 2015, the Issuer entered into an agreement with E. Virgil Conway (the "Reporting Person") whereby the Reporting Person was granted a restricted stock award of 1,000 shares of Class A Common Stock pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan ("the Restricted Stock Award Plan").
- F2This figure includes 4,850 restricted shares of Class A Common Stock issued pursuant to the Restricted Stock Award Plan. On January 4, 2015, restrictions applicable to a previously reported grant of 950 shares of Class A Common Stock lapsed, resulting in the reporting person becoming fully vested in such shares. This resulted in no change in the number of shares beneficially owned by the Reporting Person.
- F3The Reporting Person is the direct beneficial owner of 32,221 shares of Class A Common Stock, which includes the 4,850 restricted shares referenced in Footnote (2). Additionally, he is the indirect beneficial owner of 60,000 shares of Class A Common Stock, of which 50,000 shares are held in the name of the Reporting Person's IRA Rollover Trust and 10,000 shares are owned by The Conway Foundation (the "Foundation"), of which the Reporting Person and his wife, Elaine Conway, are officers and directors. Mr. Conway disclaims beneficial ownership of any shares held by the Foundation.