SEC Form 4 · accession 0001140361-15-000667
URSTADT BIDDLE PROPERTIES INC · UBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Willing L Biddle
Officer — President and CEO · Director
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 11:37 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 | 2,500 | $0.00 | A | 58,324 | 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 Willing L. Biddle (the "Reporting Person") whereby the Reporting Person was granted a restricted stock award of 2,500 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 37,500 restricted shares of Class A Common Stock issued pursuant to the Restricted Stock Award Plan. On January 3, 2015, restrictions applicable to a previously reported grant of 5,000 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.
- F3Mr. Biddle is the direct beneficial owner of 55,000 shares of Class A Common Stock, including the 37,500 restricted shares referenced in Footnote 2. In addition, he is the indirect beneficial owner of 3,324 shares of Class A Common Stock, of which 2,769 shares are owned beneficially and of record by Catherine U. Biddle, the Reporting Person's wife, and 555 shares are owned by the Catherine U. Biddle IRA for the benefit of Catherine U. Biddle.