Hayes John T 4
4 · URSTADT BIDDLE PROPERTIES INC · Filed Jan 3, 2018
Insider Transaction Report
Form 4
Hayes John T
Senior VP and CFO
Transactions
- Tax Payment
Class A Common Stock
2018-01-02$22.10/sh−2,696$59,582→ 48,334 total - Award
Class A Common Stock
2018-01-02+13,000→ 61,334 total
Footnotes (3)
- [F1]2,696 shares of Class A Common Stock were withheld by the Company to satisfy Mr. Haye's tax obligation upon vesting of 6,500 shares on January 2, 2018. The closing price of Class A Common Stock on January 2, 2018 was $22.10.
- [F2]On January 2, 2018, the Issuer entered into an agreement with John T. Hayes (the "Reporting Person") whereby the Reporting Person was granted a restricted stock award of 13,000 shares of Class A Common Stock that vests on January 2, 2023, pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan (the "Restricted Stock Award Plan").
- [F3]Of such shares, 57,500 are restricted shares, subject to vesting, issued pursuant to the Restricted Stock Award Plan.