SEC Form 4 · accession 0001174947-16-003101
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY · FREVS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald J Artinian
Other
Period of report
Sep 6, 2016
Accepted (ET)
Sep 7, 2016 · 4:50 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000036840
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Shares of Beneficial InterestF1 | Sep 6, 2016 | M | 5,600 | $18.45 | A | 432,142 | D | |
| Shares of Beneficial InterestF1 | holding | — | — | — | 400 | I | By IRA | |
| Shares of Beneficial InterestF1,F2 | holding | — | — | — | 4,250 | I | By Son |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to PurchaseF3,F1 | $18.45 | Sep 6, 2016 | M | 5,600 | D | — | Sep 3, 2024 | Shares of Beneficial Interest | 5,600 | 22,400 | D |
Explanation of responses
- F1First Real Estate Investment Trust of New Jersey is a real estate investment trust. Beneficial interests in the Trust are designated as "shares" without par value.
- F2Shares held by Mr. Artinian's son, Ronald K. Artinian.
- F3The shares underlying the option vest as follows: 5,600 shares vested on September 4, 2015; 5,600 shares vested on September 4, 2016; 5,600 shares vest on September 4, 2017; 5,600 shares vest on September 4, 2018; and 5,600 shares vest on September 4, 2019.