SEC Form 4 · accession 0001140361-16-046802
URSTADT BIDDLE PROPERTIES INC · UBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Catherine U Biddle
Director
Period of report
Jan 4, 2016
Accepted (ET)
Jan 6, 2016 · 10:01 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 4, 2016 | J | 2,500 | $0.00 | A | 60,824 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On January 4, 2016, the Issuer entered into an agreement with Willing L. Biddle, the Reporting Person's husband, and an officer and director of the Issuer, whereby Mr. Biddle 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 35,000 restricted shares of Class A Common Stock issued to Mr. Biddle pursuant to the Restricted Stock Award Plan. On January 3, 2016, restrictions applicable to a previously reported grant to Mr. Biddle of 5,000 shares of Class A Common Stock lapsed, resulting in Mr. Biddle becoming fully vested in such shares. This resulted in no change in the number of shares beneficially owned by the Reporting Person.
- F3Mrs. Biddle is the direct beneficial owner of 2,769 shares of Class A Common Stock. She is the indirect beneficial owner of 58,055 shares of Class A Common Stock held as follows: 57,500 shares by Willing L. Biddle, including the 35,000 restricted shares referenced in Footnote 2, and 555 shares by the Catherine U. Biddle IRA for the benefit of Catherine U. Biddle.