SEC Form 4 · accession 0001140361-18-000436
URSTADT BIDDLE PROPERTIES INC · UBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John T Hayes
Officer — Senior VP and CFO
Period of report
Jan 2, 2018
Accepted (ET)
Jan 3, 2018 · 4:11 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 |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock | Jan 2, 2018 | F | 2,696 | $22.10 | D | 48,334 | D | |
| Class A Common StockF3 | Jan 2, 2018 | A | 13,000 | $0.00 | A | 61,334 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F12,696 shares of Class A Common Stock were withheld by the Company to satisfy Mr. Haye's tax obligation upon vesting of 6,500 shares on January 2, 2018. The closing price of Class A Common Stock on January 2, 2018 was $22.10.
- F2On January 2, 2018, the Issuer entered into an agreement with John T. Hayes (the "Reporting Person") whereby the Reporting Person was granted a restricted stock award of 13,000 shares of Class A Common Stock that vests on January 2, 2023, pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan (the "Restricted Stock Award Plan").
- F3Of such shares, 57,500 are restricted shares, subject to vesting, issued pursuant to the Restricted Stock Award Plan.