URSTADT CHARLES D 4
4 · URSTADT BIDDLE PROPERTIES INC · Filed Aug 18, 2023
Insider Transaction Report
Form 4
URSTADT CHARLES D
Director
Transactions
- Disposition to Issuer
Common Stock
2023-08-18−48,576→ 0 total - Tax Payment
Common Stock
2023-08-16$21.71/sh−8,300$180,193→ 48,576 total
Footnotes (2)
- [F1]Represents shares withheld by Urstadt Biddle Properties Inc.to satisfy the reporting person's tax obligation upon the accelerated vesting of 26,000 shares of restricted stock immediately prior to the second merger effective time pursuant to the Merger Agreement (as defined in Footnote 2 below).
- [F2]Disposed of pursuant to the Merger Agreement, by and among Regency Centers Corporation ( "Regency"), Hercules Merger Sub, LLC, Urstadt Biddle Properties Inc., UB Maryland I, Inc., and UB Maryland II, Inc. (the "Merger Agreement") in exchange for 16,855 shares of Regency common stock having a closing price of $61.31 per share on the effective date of the mergers.