SEC Form 4 · accession 0001140361-15-041746
URSTADT BIDDLE PROPERTIES INC · UBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Willing L Biddle
Officer — President and CEO · Director · 10% Owner
Period of report
Nov 12, 2015
Accepted (ET)
Nov 16, 2015 · 4:14 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 StockF2,F3 | Nov 12, 2015 | P | 248 | $17.4344 | A | 2,701,112 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On November 12, 2015, the Trust established under the Urstadt Biddle Properties Inc. Excess Benefit and Deferred Compensation Plan of 2005 (the "Compensation Plan Trust") purchased 248 shares of Common Stock for the benefit of Willing L. Biddle at a weighted average price of $17.4344 per share. Upon a request by the Commission, the Issuer, or a shareholder of the Issuer, full information regarding the number of shares purchased and the separate prices at which they were purchased will be provided.
- 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 shares noted in Footnote 2. He is the indirect beneficial owner of 609,719 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, 2,487 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.