Rapaglia Stephan A 4
4 · URSTADT BIDDLE PROPERTIES INC · Filed Jan 6, 2022
Insider Transaction Report
Form 4
Rapaglia Stephan A
SVP and COO
Transactions
- Tax Payment
Class A Common Stock
2022-01-04$21.32/sh−4,298$91,633→ 104,314 total - Award
Class A Common Stock
2022-01-04+20,000→ 124,314 total
Footnotes (3)
- [F1]4,298 shares of Class A Common Stock were withheld by the Company to satisfy Stephan Rapaglia (the Reporting Person")'s tax obligation upon vesting of 12,500 shares on January 4, 2022. The closing price of Class A Common Stock on January 4, 2022 was $21.32.
- [F2]On January 4, 2022, the Issuer entered into an agreement with the Reporting Person, whereby the Reporting Person was granted a restricted stock award of 20,000 shares of Class A Common Stock that vests on January 4, 2027, pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan (the "Restricted Stock Award Plan").
- [F3]Of such shares, 83,000 are restricted shares, subject to vesting, issued pursuant to the Restricted Stock Award Plan.