Rapaglia Stephan A 4
4 · URSTADT BIDDLE PROPERTIES INC · Filed Jan 4, 2023
Insider Transaction Report
Form 4
Rapaglia Stephan A
SVP and COO
Transactions
- Tax Payment
Class A Common Stock
2023-01-02$18.95/sh−4,549$86,204→ 119,765 total - Award
Class A Common Stock
2023-01-03+20,000→ 139,765 total
Footnotes (3)
- [F1]4,549 shares of Class A Common Stock were withheld by the Company to satisfy Stephan Rapaglia (the Reporting Person")'s tax obligation upon vesting of 13,000 shares on January 2, 2023. The closing price of Class A Common Stock on December 30, 2022 was $18.95.
- [F2]On January 3, 2023, 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 3, 2028, pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan (the "Restricted Stock Award Plan").
- [F3]Of such shares, 90,000 are restricted shares, subject to vesting, issued pursuant to the Restricted Stock Award Plan.