SEC Form 4 · accession 0001140361-15-041879
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
Charles J Urstadt
Officer — Chairman · Director
Period of report
Nov 12, 2015
Accepted (ET)
Nov 16, 2015 · 5:32 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 | 427 | $17.4344 | A | 4,259,778 | 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 427 shares of Common Stock for the benefit of Charles J. Urstadt 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 325,000 restricted shares of Common Stock that were issued pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan, and which are held by Urstadt Realty Shares II L.P. ("URS II"), a Delaware limited partnership of which Mr. Urstadt is the limited partner and Urstadt Property Company, Inc., a Delaware corporation of which Mr. Urstadt is Chairman and a controlling shareholder ("UPCO"), is the general partner, as reported on previously filed Forms 4 and 5.
- F3Mr. Urstadt is the direct beneficial owner of 687,497 shares of Common Stock of the Issuer and the indirect beneficial owner of 3,572,281 shares held as follows: 480,721 shares by URS II (including the restricted shares referenced in footnote 2), 883,185 shares by UPCO, 41,050 shares by Elinor Urstadt, Mr. Urstadt's wife, 4,894 shares by the Compensation Plan Trust, 1,942,431 shares by Urstadt Realty Associates Co LP, a Delaware limited partnership, of which UPCO is the general partner and Mr. Urstadt, the Catherine U. Biddle irrevocable Trust and the Charles D. Urstadt irrevocable Trust (for each of which trusts Mr. Urstadt is the sole trustee) are the limited partners, and 220,000 shares by the Charles J. Urstadt Family Trust (the "Family Trust"), of which Elinor Urstadt is a beneficiary and co-trustee. Mr. Urstadt disclaims beneficial ownership of any shares held by the Family Trust.