SEC Form 4 · accession 0001140361-17-000755
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 · 10% Owner
Period of report
Jan 4, 2017
Accepted (ET)
Jan 5, 2017 · 5:00 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 | Jan 4, 2017 | A | 100,000 | $0.00 | A | 2,273,338 | D | |
| Common StockF4 | Jan 4, 2017 | A | 1,050 | $0.00 | A | 32,312 | I | See footnote |
| Common StockF5 | holding | — | — | — | 294,673 | I | See footnote | |
| Common StockF6 | holding | — | — | — | 284,240 | I | See footnote | |
| Common StockF7 | holding | — | — | — | 5,163 | I | See footnote | |
| Common StockF8 | holding | — | — | — | 1,070 | I | See footnote | |
| Common StockF9 | holding | — | — | — | 21,000 | I | See footnote | |
| Common StockF10 | holding | — | — | — | 2,267 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On January 4, 2017, the Issuer entered into an agreement with Willing L. Biddle (the "Reporting Person"), whereby the Reporting Person was granted a restricted stock award of 100,000 shares of Common Stock pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan (the "Restricted Stock Award Plan").
- F10Shares held by Excess Benefit and Deferred Compensation Plan of 2005, of which the Reporting Person is a participant.
- F2Shares held by the Reporting Person, of which 990,000 are restricted shares issued to him pursuant to the Company's Restricted Stock Award Plan. On January 3, 2017, restrictions applicable to a previously reported grant of 60,000 shares of Common Stock lapsed, resulting in the Reporting Person becoming fully vested in such shares.
- F3On January 4, 2017 the Issuer entered into an agreement with Catherine U. Biddle, the Reporting Person's spouse and a director of the Issuer, whereby Mrs. Biddle was granted a restricted stock award of 1,050 shares of Common Stock pursuant to the Restricted Stock Award Plan.
- F4Shares held by Catherine U. Biddle, spouse of the Reporting Person, of which 4,100 are restricted shares issued to Mrs. Biddle pursuant to the Issuer's Restricted Stock Award Plan.
- F5Shares held by Catherine U. Biddle 2012 Dynasty Trust.
- F6Shares held by Willing L. Biddle 2012 Dynasty Trust.
- F7Shares held by Willing L. Biddle Inherited IRA.
- F8Shares held by Charles Biddle Trust.
- F9Shares held by Shares held by Trust UW PTB Art 4.1.