SEC Form 5 · accession 0001140361-15-041733

URSTADT BIDDLE PROPERTIES INC · UBA

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Willing L Biddle

Officer — CEO · Director · 10% Owner

Period of report

Oct 31, 2015

Accepted (ET)

Nov 16, 2015 · 4:12 pm 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
Common Stock^F1,F2,F3,F4	Jan 16, 2015	J	27	$18.9962	A	2,700,864	I	See footnote
Common Stock^F1,F2,F3,F4	Apr 17, 2015	J	30	$17.6305	A	2,700,864	I	See footnote
Common Stock^F1,F2,F3,F4	Jul 17, 2015	J	30	$17.75	A	2,700,864	I	See footnote
Common Stock^F1,F2,F3,F4	Oct 16, 2015	J	29	$18.413	A	2,700,864	I	See Footnote

Table II — derivative securities

No Table II lines on this filing.

Explanation of responses

F1Those shares of Common Stock of which Mr. Biddle is the indirect beneficial owner and which are owned by the Trust Established Under the Urstadt Biddle Properties Inc. Excess Benefit and Deferred Compensation Plan of 2005 (the "Compensation Plan Trust") are subject to automatic reinvestment of dividends pursuant to the Issuer's Dividend Reinvestment Plan. On January 16, 2015, April 17, 2015, July 17, 2015 and October 16, 2015, dividends on these shares were paid and automatically reinvested in additional Common Stock for the benefit of Mr. Biddle in the amounts of 27.2088 shares, 29.6637 shares, 29.8400 shares and 29.1302 shares, respectively.
F2This figure includes 950,000 restricted shares of Common Stock issued pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan.
F3Mr. Biddle is the direct beneficial owner of 2,091,393 shares of Common Stock, including the restricted shares noted in Footnote 2. He is the indirect beneficial owner of 609,471 shares of Common Stock held as follows: 284,240 shares by each of the Catherine U. Biddle Dynasty Trust ("CUB Trust") and the Willing L. Biddle Dynasty Trust ("WLB Trust"), of which the issue of Mr. Biddle are the beneficiaries and Mr. Biddle and Catherine Biddle, his wife, respectively, are the trustees, 2,239 shares by the Compensation Plan Trust, 2,307 shares by Mr. Biddle's IRA, 5,163 shares by the P.T. Biddle (Dec'd) IRA for benefit of Mr. Biddle, 29,657 shares by Mr. Biddle's wife, 555 shares by his wife's IRA, and 1,070 shares by the Chas. and Phoebe Biddle Trust for benefit of the Issue of Mr. Biddle (the "Biddle Trust"). Mr. Biddle and C. J. Urstadt are sole trustees of the Biddle Trust. Mr. Biddle disclaims beneficial ownership of shares held by the WLB Trust.
F4In Mr. Biddle's most recent Form 4 filing dated January 5, 2015, the total number of shares for which Mr. Biddle was at that date the indirect beneficial owner and which are owned by the Compensation Plan Trust was incorrectly reported as 2,104 shares instead of 2,123 shares.