URSTADT BIDDLE PROPERTIES INC 4
4 · URSTADT BIDDLE PROPERTIES INC · Filed Apr 18, 2016
Insider Transaction Report
Form 4
URSTADT CHARLES J
DirectorChairman of the Board and CEO10% Owner
Transactions
- Purchase
Class A Common Stock
2016-04-15$21.00/sh+5,000$105,000→ 156,090 total(indirect: See footnote)
Footnotes (3)
- [F1]On April 15, 2016, Charles J. Urstadt (the "Reporting Person"), purchased 5,000 shares of Class A Common Stock from Thomas D. Myers, the Issuer's CLO, in a private transaction.
- [F2]This figure includes 11,000 restricted shares of Class A Common Stock issued pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan.
- [F3]Mr. Urstadt is the direct beneficial owner of 55,500 shares of Class A Common Stock of the Issuer, including the 11,000 restricted shares referenced in footnote 2. He is the indirect beneficial owner of 100,590 shares of Class A Common Stock, of which 85,590 shares are held by Urstadt Property Company, Inc., a Delaware corporation of which Mr. Urstadt is Chairman and a controlling shareholder, and 15,000 shares are held by Elinor F. Urstadt, Mr. Urstadt's wife.