Rapaglia Stephan A 4
4 · URSTADT BIDDLE PROPERTIES INC · Filed Jan 3, 2018
Insider Transaction Report
Form 4
Rapaglia Stephan A
SVP and COO
Transactions
- Award
Class A Common Stock
2018-01-02+13,000→ 76,962 total - Tax Payment
Class A Common Stock
2018-01-02$22.10/sh−2,538$56,090→ 63,962 total
Footnotes (3)
- [F1]2,538 shares of Class A Common Stock were withheld by the Company to satisfy Mr. Rapaglia'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 Stephan Rapaglia (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, 63,000 are restricted shares, subject to vesting, issued pursuant to the Restricted Stock Award Plan.