URSTADT BIDDLE PROPERTIES INC 4
4 · URSTADT BIDDLE PROPERTIES INC · Filed Jan 25, 2016
Insider Transaction Report
Form 4
URSTADT CHARLES J
DirectorChairman of the Board and CEO10% Owner
Transactions
- Other
Common Stock
2016-01-25−50,000→ 4,259,502 total(indirect: See footnote)
Footnotes (3)
- [F1]Pursuant to an agreement between Mr. Urstadt and Urstadt Property Company, Inc., a Delaware corporation of which Mr. Urstadt is Chairman and a controlling shareholder ("UPCO"), as general partner of Urstadt Realty Shares II L.P., a Delaware limited partnership of which UPCO is the general partner and Mr. Urstadt is the limited partner ("URS II"), Mr. Urstadt transferred 50,000 shares of Common Stock of the Issuer to URS II. This resulted in no change in the number of Common shares beneficially owned by Mr. Urstadt.
- [F2]This figure includes 300,000 restricted shares of Common Stock issued pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan ("Restricted Stock Award Plan"), all of which are held by URS II, as reported on previously filed Forms 4 and 5.
- [F3]Mr. Urstadt is the direct beneficial owner of 689,107 shares of Common Stock and the indirect beneficial owner of 3,620,395 shares held as follows: 530,721 shares by URS II (including the restricted shares referenced in Foonote (2)), 883,185 shares by UPCO, 41,050 shares by Elinor Urstadt, Mr. Urstadt's wife, 3,008 shares by the trust established under the Issuer's 2005 Excess Benefit and Deferred Compensation Plan for the benefit of Mr. Urstadt, 1,942,431 shares by Urstadt Realty Associates Co LP, a Delaware limited partnership, of which UPCO is the general partner and Mr. Urstadt, Mrs. Urstadt, the Catherine U. Biddle Irrevocable Trust and the Charles D. Urstadt Irrevocable Trust (for each of which trusts Mr. Urstadt is the sole trustee) are the limited partners, and 220,000 shares by the Charles J. Urstadt 2012 Family Trust (the "Family Trust") of which Elinor Urstadt, is a beneficiary and co-trustee. Mr. Urstadt disclaims beneficial ownership of any shares held by the Family Trust.