4//SEC Filing
Zucker Michael 4
Accession 0001225208-18-015285
CIK 0001611547other
Filed
Nov 6, 7:00 PM ET
Accepted
Nov 7, 5:35 PM ET
Size
5.9 KB
Accession
0001225208-18-015285
Insider Transaction Report
Form 4
Zucker Michael
SVP - Leasing
Transactions
- Award
LTIP Units
2018-11-05+24,599→ 24,599 total→ Common Shares (24,599 underlying)
Footnotes (1)
- [F1]Granted under the Urban Edge Properties ("UEP") 2015 Omnibus Share Plan and have been earned pursuant to the UEP 2015 Outperformance Plan following the achievement of certain relative total shareholder return goals over the three-year period ending November 5, 2018. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes and vesting, each LTIP Unit may be converted, at the election of the holder, into a Common Partnership Unit (a "Common Unit") in Urban Edge Properties LP. Each Common Unit acquired upon conversion of an LTIP Unit may be converted into one Common Share of the UEP. The right to convert LTIP Units into Common Units and to convert Common Units into Common Shares do not have expiration dates. 50% of the LTIP Units vested on November 5, 2018 and 25% will vest on each of November 6, 2019 and November 6, 2020, respectively, subject to continued employment through such dates.
Documents
Issuer
Urban Edge Properties
CIK 0001611547
Entity typeother
Related Parties
1- filerCIK 0001629018
Filing Metadata
- Form type
- 4
- Filed
- Nov 6, 7:00 PM ET
- Accepted
- Nov 7, 5:35 PM ET
- Size
- 5.9 KB