URSTADT BIDDLE PROPERTIES INC 4
4 · URSTADT BIDDLE PROPERTIES INC · Filed May 2, 2016
Insider Transaction Report
Form 4
Bannon Kevin j
Director
Transactions
- Gift
Class A Common Stock
2016-04-29−500→ 30,950 total(indirect: See footnote)
Footnotes (3)
- [F1]On April 29, 2016, the Michael E. Bannon 2000 Revocable Trust dated 08/17/00 for the benefit of Michael E. Bannon, Mr. Bannon's son (the "MEB Trust"), of which Mr. Bannon is co-trustee, distributed 500 shares of Class A Common Stock to the beneficiary of the trust.
- [F2]This figure includes 4,950 restricted shares of Class A Common Stock issued pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan.
- [F3]The Reporting Person is the direct beneficial owner of 27,750 shares of Class A Common Stock, which includes the 4,950 restricted shares of Class A Common Stock referenced in Footnote (2). Additionally, he is the indirect beneficial owner of 3,200 shares of Class A Common Stock, of which 1,700 shares are held in the name of the Kevin J. Bannon IRA for the benefit of Kevin J. Bannon, 500 shares are owned by the Katherine E. Bannon 2001 Revocable Trust dated 10/22/01, for the benefit of Katherine E. Bannon, Mr. Bannon's daughter, and 1,000 shares are owned by the Trust established under the will of Nathan B. Epstein for the benefit of Susan E. Bannon, Mr. Bannon's wife, et ano. Mr. Bannon is co-trustee of each of the above-mentioned trusts.