SEC Form 4 · accession 0001174947-19-000306
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
Officer — Chairman of the Board · Other
Period of report
Mar 4, 2019
Accepted (ET)
Mar 6, 2019 · 1:42 pm EST
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 | holding | — | — | — | 386,638 | D | ||
| Shares of Beneficial InterestF1 | holding | — | — | — | 52,504 | I | By IRAs | |
| 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 | $15.00 | Mar 4, 2019 | A | 5,000 | A | — | Mar 3, 2029 | Shares of Beneficial Interest | 5,000 | 5,000 | 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 this option vest as follows: 1,000 shares vest on March 4, 2020; 1,000 shares vest on March 4, 2021; 1,000 shares vest on March 4, 2022; 1,000 shares vest on March 4, 2023; and 1,000 shares vest on March 4, 2024.