GRAPSTEIN STEVEN H 4
4 · Urban Edge Properties · Filed Jun 14, 2022
Insider Transaction Report
Form 4
GRAPSTEIN STEVEN H
Director
Transactions
- Award
Deferred Stock Units
2022-06-10+8,645→ 8,645 total→ Common Shares (8,645 underlying)
Footnotes (2)
- [F1]These Deferred Stock Units ("DSUs") of Urban Edge Properties (the "Company") were issued under the Urban Edge Properties 2015 Omnibus Share Plan. The DSUs entitle the reporting person to an equivalent number of shares of Common Stock of the Company without the payment of any consideration.
- [F2]These DSUs vest on May 3, 2023 (subject to the reporting person continuing to serve on the Company's Board of Trustees until such date), with one-fifth of the Common Stock underlying the DSUs deliverable on the first business day of the year immediately following the year the reporting person ceases to serve on the Company's Board of Trustees and an additional one-fifth of the DSUs deliverable on each anniversary thereafter for four years.