SEC Form 4 · accession 0001140361-18-000650
URSTADT BIDDLE PROPERTIES INC · UBA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles J Urstadt
Officer — Chairman · Director
Period of report
Jan 2, 2018
Accepted (ET)
Jan 4, 2018 · 8:20 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 Stock | Jan 2, 2018 | F | 1,037 | $22.10 | D | 56,463 | D | |
| Class A Common StockF3 | Jan 2, 2018 | A | 2,000 | $0.00 | A | 58,463 | D | |
| Class A Common StockF4 | holding | — | — | — | 18,000 | I | Elinor F. Urstadt | |
| Class A Common StockF5 | holding | — | — | — | 85,590 | I | Urstadt Property Company, Inc. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F11,037 shares of Class A Common Stock were withheld by the Company to satisfy the tax obligations of Charles J. Urstadt (the "Reporting Person") upon vesting of 2,500 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 Charles J. Urstadt (the "Reporting Person") whereby the Reporting Person was granted a restricted stock award of 2,000 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, 10,000 are restricted shares, subject to vesting, issued pursuant to the Restricted Stock Award Plan.
- F4Held by Elinor F. Urstadt, the Reporting Person's wife.
- F5Held by Urstadt Property Company, Inc., a Delaware corporation, of which the Reporting Person is Chairman and has investment control.