4//SEC Filing
ARTINIAN RONALD J 4
Accession 0001174947-22-001134
CIK 0000036840other
Filed
Oct 31, 8:00 PM ET
Accepted
Nov 1, 5:03 PM ET
Size
13.8 KB
Accession
0001174947-22-001134
Insider Transaction Report
Form 4
ARTINIAN RONALD J
Other
Transactions
- Exercise/Conversion
Option to Purchase
2022-11-01+22,400→ 0 totalExercise: $10.95Exp: 2024-09-03→ Common Stock, par value $0.01 per share (28,000 underlying) - Exercise/Conversion
Option to Purchase
2022-11-01+3,000→ 2,000 totalExercise: $7.50Exp: 2029-03-03→ Common Stock, par value $0.01 per share (5,000 underlying) - Exercise/Conversion
Common Stock, par value $0.01 per share
2022-11-01$10.95/sh+22,400$245,280→ 409,038 total - Exercise/Conversion
Common Stock, par value $0.01 per share
2022-11-01$7.50/sh+3,000$22,500→ 412,038 total
Holdings
- 4,350(indirect: By Son)
Common Stock, par value $0.01 per share
- 52,504(indirect: By IRA)
Common Stock, par value $0.01 per share
Footnotes (6)
- [F1]Prior to the reincorporation of First Real Estate Investment Trust of New Jersey, Inc. ("FREIT") from a New Jersey real estate investment trust to a Maryland corporation on July 1, 2021, FREIT's equity securities were beneficial interests in FREIT that were designated as "shares" without par value. In connection with the reincorporation of FREIT as a Maryland corporation, FREIT's shares of beneficial interest were converted to shares of common stock, par value $0.01 per share, on a 1-for-1 basis
- [F2]Shares held by Mr. Artinian's son, Ronald K. Artinian.
- [F3]The original exercise price for the shares underlying this option was $18.45 per share. The exercise price was adjusted to $10.95 per share pursuant to the terms of FREIT's Equity Incentive Plan under which such option was granted.
- [F4]The shares underlying the option vest as follows: 5,600 shares vest on September 4, 2015; 5,600 shares vest on September 4, 2016; 5,600 shares vest on September 4, 2017; 5,600 shares vest on September 4, 2018; and 5,600 shares vest on September 4, 2019.
- [F5]The original exercise price for the shares underlying this option was $15 per share. The exercise price was adjusted to $7.50 per share pursuant to the terms of FREIT's Equity Incentive Plan under which such option was granted.
- [F6]The shares underlying this option vest as follows: 1,000 shares vest on March 4, 2020; 1,000 shares vest on March 4, 2021; 1,000 shares vest on March 4, 2022; 1,000 shares vest on March 4, 2023; and 1,000 shares vest on March 4, 2024.
Documents
Issuer
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY
CIK 0000036840
Entity typeother
Related Parties
1- filerCIK 0001127605
Filing Metadata
- Form type
- 4
- Filed
- Oct 31, 8:00 PM ET
- Accepted
- Nov 1, 5:03 PM ET
- Size
- 13.8 KB