SEC Form 4 · accession 0001140361-15-008052
Urban Edge Properties · UE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jennifer Holmes
Officer — Chief Accounting Officer
Period of report
Feb 17, 2015
Accepted (ET)
Feb 19, 2015 · 6:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001611547
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common SharesF1,F2 | Feb 17, 2015 | A | 4,088 | — | A | 4,088 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| OptionsF3 | $24.46 | Feb 17, 2015 | A | 27,027 | A | — | Feb 16, 2025 | Common Shares | 27,027 | 27,027 | D |
Explanation of responses
- F1Restricted Stock Grant.
- F2These Common Shares were issued as "Restricted Stock" under the terms of the Urban Edge Properties 2015 Omnibus Share Plan (the "Plan"). These shares vest ratably over four years subject to continued employment through each vesting date with the initial vesting occurring on February 17, 2016.
- F3On February 17, 2015, the reporting person received a grant of options to purchase Common Shares under the terms of the Plan. The options vest ratably over four years, subject to continued employment through each vesting date with the initial vesting occurring on February 17, 2016.