Rapaglia Stephan A 4
4 · URSTADT BIDDLE PROPERTIES INC · Filed Jan 3, 2020
Insider Transaction Report
Form 4
Rapaglia Stephan A
SVP and COO
Transactions
- Tax Payment
Class A Common Stock
2020-01-02$23.96/sh−3,889$93,180→ 77,111 total - Award
Class A Common Stock
2020-01-02+15,500→ 92,611 total
Footnotes (3)
- [F1]3,889 shares of Class A Common Stock were withheld by the Company to satisfy Stephan Rapaglia (the Reporting Person")'s tax obligation upon vesting of 11,500 shares on January 2, 2020. The closing price of Class A Common Stock on January 2, 2020 was $23.96.
- [F2]On January 2, 2020, the Issuer entered into an agreement with the Reporting Person, whereby the Reporting Person was granted a restricted stock award of 15,500 shares of Class A Common Stock that vests on January 2, 2025, pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan (the "Restricted Stock Award Plan").
- [F3]Of such shares, 71,500 are restricted shares, subject to vesting, issued pursuant to the Restricted Stock Award Plan.