Sung Miyun 4
4 · URSTADT BIDDLE PROPERTIES INC · Filed Aug 18, 2023
Insider Transaction Report
Form 4
Sung Miyun
SVP and CLO
Transactions
- Disposition to Issuer
Class A Common Stock
2023-08-18−50,680→ 0 total - Tax Payment
Class A Common Stock
2023-08-16$21.84/sh−28,867$630,455→ 50,680 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 70,000 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 17,585 shares of Regency common stock having a market value of $61.31 per share on the effective date of the mergers.