SEC Form 4 · accession 0001567619-18-008759
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
Dec 26, 2018
Accepted (ET)
Dec 28, 2018 · 11:59 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 |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Dec 26, 2018 | S | 41,600 | $15.50 | D | 2,222,543 | D | |
| Common StockF1,F3 | Dec 26, 2018 | P | 20,800 | $15.50 | A | 368,379 | I | See Footnote |
| Common StockF1,F4 | Dec 26, 2018 | P | 20,800 | $15.50 | A | 367,171 | I | See Footnote |
| Common StockF5 | holding | — | — | — | 33,412 | I | See footnote | |
| Common StockF6 | holding | — | — | — | 5,163 | I | See footnote | |
| Common StockF7 | holding | — | — | — | 1,070 | I | See footnote | |
| Common StockF8 | holding | — | — | — | 21,000 | I | See footnote | |
| Common StockF9 | holding | — | — | — | 2,034 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1On December 26, 2018, Willing L. Biddle sold or transferred 20,800 shares of Common Stock to the Willing L. Biddle 2012 Dynasty Trust and 20,800 shares of Common Stock to the Catherine U. Biddle 2012 Dynasty Trust at $15.50 per share.
- F2Shares held by the reporting person, of which 995,000 are restricted shares, subject to vesting, issued pursuant to the Issuer's Restricted Stock Award Plan.
- F3Shares held by Willing L. Biddle 2012 Dynasty Trust.
- F4Shares held by Catherine U. Biddle 2012 Dynasty Trust.
- F5Shares held by Catherine U. Biddle, spouse of the reporting person, of which 5,200 are restricted shares, subject to vesting, issued to Mrs. Biddle pursuant to the Issuer's Restricted Stock Award Plan. The number of shares reported does not include shares of Common Stock of the Issuer owned by Urstadt Realty Associates Co LP ("URACO"), of which the Catherine U. Biddle Irrevocable Trust (the "CUB Trust") is a limited partner. Catherine U. Biddle is the sole beneficiary of the CUB Trust. The number of shares reported also does not include shares of Common Stock of the Issuer owned by Urstadt Property Company, Inc. ("UPCO"), of which Catherine U. Biddle is an officer and shareholder. Shares held by URACO and UPCO are separately reported by Charles J. Urstadt, the controlling shareholder and UPCO, the general partner of URACO.
- F6Shares held by Willing L. Biddle Inherited IRA.
- F7Shares held by Charles Biddle Trust.
- F8Shares held by Trust UW PTB Art 4.1.
- F9Shares held by Excess Benefit and Deferred Compensation Plan of 2005, of which the Reporting Person is a participant.