URSTADT CHARLES J 4
4 · URSTADT BIDDLE PROPERTIES INC · Filed Jan 4, 2018
Insider Transaction Report
Form 4
URSTADT CHARLES J
DirectorChairman of the Board and CEO10% Owner
Transactions
- Award
Class A Common Stock
2018-01-02+2,000→ 58,463 total - Tax Payment
Class A Common Stock
2018-01-02$22.10/sh−1,037$22,918→ 56,463 total
Holdings
- 18,000(indirect: Elinor F. Urstadt)
Class A Common Stock
- 85,590(indirect: Urstadt Property Company, Inc.)
Class A Common Stock
Footnotes (5)
- [F1]1,037 shares of Class A Common Stock were withheld by the Company to satisfy the tax obligations of Charles J. Urstadt (the "Reporting Person") upon vesting of 2,500 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 Charles J. Urstadt (the "Reporting Person") whereby the Reporting Person was granted a restricted stock award of 2,000 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, 10,000 are restricted shares, subject to vesting, issued pursuant to the Restricted Stock Award Plan.
- [F4]Held by Elinor F. Urstadt, the Reporting Person's wife.
- [F5]Held by Urstadt Property Company, Inc., a Delaware corporation, of which the Reporting Person is Chairman and has investment control.