4//SEC Filing
Urban Edge Properties 4
Accession 0001104659-15-020096
$UECIK 0001611547operating
Filed
Mar 15, 8:00 PM ET
Accepted
Mar 16, 5:01 PM ET
Size
27.1 KB
Accession
0001104659-15-020096
Insider Transaction Report
Form 4
Guttman Steven
Director
Transactions
- Award
Units
2015-03-12+8,389→ 8,389 totalExercise: $0.00→ Common Shares (8,389 underlying) - Award
Units
2015-03-12+3,775→ 12,164 totalExercise: $0.00→ Common Shares (3,775 underlying)
Footnotes (2)
- [F1]On March 12, 2015, the reporting person received a grant of LTIP Units ("LTIP Units") of Urban Edge Properties LP ("UELP"), the operating partnership of Urban Edge Properties ("UE"), pursuant to the terms of the Urban Edge Properties 2015 Omnibus Share Plan (the "Plan"). The LTIP Units are a class of units of UELP that, following the occurrence of certain events and upon vesting, are convertible by the holder into an equivalent number of Common Partnership Units of UELP ("Common Units"). Common Units are redeemable by the holder for cash or, at UE's election, common shares, par value $0.01 ("Common Shares") of UE on a one-for-one basis or the cash value of such shares. The LTIP Units vested on March 12, 2015, but are subject to restrictions on sale for so long as the reporting person serves as a Trustee on the UE Board of Trustees (except in certain specified circumstances).
- [F2]On March 12, 2015, the reporting person received a grant of LTIP Units of UELP pursuant to the terms of the Plan. The LTIP Units are a class of units of UELP that, following the occurrence of certain events and upon vesting, are convertible by the holder into an equivalent number of Common Units of UELP. These LTIP Units vest on March 12, 2016, subject to continued service as a Trustee on the UE Board of Trustees. Common Units are redeemable by the holder for cash or, at UE's election, Common Shares of UE on a one-for-one basis or the cash value of such shares.
Documents
Issuer
Urban Edge Properties
CIK 0001611547
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0001611547
Filing Metadata
- Form type
- 4
- Filed
- Mar 15, 8:00 PM ET
- Accepted
- Mar 16, 5:01 PM ET
- Size
- 27.1 KB