4//SEC Filing
Sesler Douglas William 4
Accession 0001225208-20-007285
CIK 0001611547other
Filed
May 7, 8:00 PM ET
Accepted
May 8, 4:38 PM ET
Size
7.9 KB
Accession
0001225208-20-007285
Insider Transaction Report
Form 4
Sesler Douglas William
Director
Transactions
- Award
LTIP Units
2020-05-06+12,391→ 12,391 totalExercise: $0.00→ Common Shares (12,391 underlying) - Award
LTIP Units
2020-05-06+12,771→ 12,771 totalExercise: $0.00→ Common Shares (12,771 underlying)
Footnotes (2)
- [F1]These LTIP Units ("LTIP Units") of Urban Edge Properties LP ("UELP"), the operating partnership of Urban Edge Properties ("UE"), were issued under the Urban Edge Properties 2015 Omnibus Share Plan. LTIP Units are a class of units of UELP that, following the occurrence of certain events and upon vesting, are convertible by the holder into an equivalent number of Common Partnership Units of UELP ("Common Units"). Common Units are redeemable by the holder for cash or, at UE's election, common shares, par value $0.01 ("Common Shares") of UE on a one-for-one basis or the cash value of such shares. These LTIP Units vest on May 6, 2021, subject to the reporting person continuing to serve on UE's Board of Trustees until such date. Common Units are redeemable by the holder for cash or, at UE's election, Common Shares of UE on a one-for-one basis or the cash value of such shares.
- [F2]These LTIP Units are fully vested and exercisable.
Documents
Issuer
Urban Edge Properties
CIK 0001611547
Entity typeother
Related Parties
1- filerCIK 0001808051
Filing Metadata
- Form type
- 4
- Filed
- May 7, 8:00 PM ET
- Accepted
- May 8, 4:38 PM ET
- Size
- 7.9 KB