4//SEC Filing
Eilberg Herbert 4
Accession 0001225208-19-004201
CIK 0001611547other
Filed
Feb 28, 7:00 PM ET
Accepted
Mar 1, 6:01 PM ET
Size
5.9 KB
Accession
0001225208-19-004201
Insider Transaction Report
Form 4
Eilberg Herbert
Chief Investment Officer
Transactions
- Award
LTIP Units
2019-02-27+8,117→ 8,117 total→ Common Shares (8,117 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 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 ("UELP"). Each Common Unit acquired upon conversion of an LTIP 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. The right 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 0001641084
Filing Metadata
- Form type
- 4
- Filed
- Feb 28, 7:00 PM ET
- Accepted
- Mar 1, 6:01 PM ET
- Size
- 5.9 KB