4//SEC Filing
Briggs Donald Ten Eyck 4
Accession 0001225208-19-004199
CIK 0001611547other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 5:57 PM ET
Size
5.9 KB
Accession
0001225208-19-004199
Insider Transaction Report
Form 4
Briggs Donald Ten Eyck
President of Development
Transactions
- Award
LTIP Units
2019-02-27+41,291→ 41,291 total→ Common Shares (41,291 underlying)
Footnotes (2)
- [F1]Granted pursuant to the Urban Edge Properties 2015 Omnibus Share Plan (the "Omnibus Plan") and conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes andvesting, 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 ("UELP"). Each Common Unit acquired upon conversion of anLTIP Unit may be converted into one Common Share of the Urban Edge Properties (the "Issuer"). LTIP Units are generally not convertible without the consent of the Issuer until two years from the date of the grant. Theright to convert LTIP Units into Common Units and to convert Common Units into Common Shares do not have expiration dates.
- [F2]The LTIP Units vest ratably over three years, subject to continued employment through each vesting date, with the initial vesting occurring on February 27, 2020.
Documents
Issuer
Urban Edge Properties
CIK 0001611547
Entity typeother
Related Parties
1- filerCIK 0001713877
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 5:57 PM ET
- Size
- 5.9 KB