Hekemian David 4
4 · FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY · Filed Mar 13, 2023
Insider Transaction Report
Form 4
Hekemian David
Director
Transactions
- Award
Common Stock, par value $0.01 per share
2023-03-09+1,290→ 209,829 total
Holdings
- 102,216(indirect: By LLC)
Common Stock, par value $0.01 per share
- 1,916(indirect: By Spouse)
Common Stock, par value $0.01 per share
- 17,638(indirect: By Trust)
Common Stock, par value $0.01 per share
- 88,940(indirect: By Foundation)
Common Stock, par value $0.01 per share
- 25,470(indirect: By Trust)
Common Stock, par value $0.01 per share
- 6,000(indirect: By Trust)
Common Stock, par value $0.01 per share
Footnotes (8)
- [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]Award of shares of Common Stock, par value $0.01 per share, under FREIT's Equity Incentive Plan of 1998. Such award was approved by FREIT's Board of Directors upon the recommendation of the Compensation Committee of the Board.
- [F3]Shares held by certain partnerships and limited liability companies in which Mr. Hekemian is a partner or member. Mr. Hekemian disclaims beneficial ownership of the shares held by such partnerships and limited liability companies except to the extent of his pecuniary interest therein.
- [F4]Shares held in by a certain trust for the benefit of Mr. Hekemian's nephews, of which Mr. Hekemian is the trustee. Mr. Hekemian disclaims beneficial ownership of the shares held by such trust.
- [F5]Shares held in a certain trust, of which Mr. Hekemian is a beneficiary. Mr. Hekemian disclaims beneficial ownership of the shares held by such trust except to the extent of his pecuniary interest therein.
- [F6]Shares held by the Robert and Mary Jane Hekemian Foundation, Inc., of which Mr. Hekemian is the Vice President/Treasurer. Mr. Hekemian disclaims beneficial ownership of the shares held by the Robert and Mary Jane Hekemian Foundation, Inc.
- [F7]Shares held in a certain trust for the benefit of Mr. Hekemian's children, of which Mr. Hekemian is the trustee. Mr. Hekemian disclaims beneficial ownership of the shares held by such trust.
- [F8]Shares held by Mr. Hekemian's wife. Mr. Hekemian disclaims beneficial ownership of the shares held by his wife.