SEC Form 4 · accession 0001225208-18-010206
Urban Edge Properties · UE
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Amy B Lane
Director
Period of report
Jun 1, 2018
Accepted (ET)
Jun 5, 2018 · 5:08 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001611547
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1,F2 | — | Jun 1, 2018 | A | 4,552 | A | — | — | Common Shares | 4,552 | 4,552 | D |
Explanation of responses
- F1These Deferred Stock Units ("DSUs") of Urban Edge Properties (the "Company") were issued under the Urban Edge Properties 2015 Omnibus Share Plan. The DSUs entitle the reporting person to an equivalent number of shares of Common Stock of the Company without the payment of any consideration.
- F2These DSUs vest on May 8, 2019 (subject to the reporting person continuing to serve on the Company's Board of Trustees until such date), but the Common Stock underlying the DSUs is not deliverable until the earlier (i) May 1, 2025 or (ii) the first business day of the year immediately following the year the reporting person ceases to serve as a member of the Company's Board of Trustees.