Sung Miyun 4
4 · URSTADT BIDDLE PROPERTIES INC · Filed Jan 4, 2023
Insider Transaction Report
Form 4
Sung Miyun
SVP and CLO
Transactions
- Award
Class A Common Stock
2023-01-03+20,000→ 79,547 total - Tax Payment
Class A Common Stock
2023-01-02$18.95/sh−3,687$69,869→ 59,547 total
Footnotes (3)
- [F1]3,687 shares of Class A Common Stock were withheld by the Company to satisfy Miyun Sung (the "Reporting Person")'s tax obligation upon vesting of 8,000 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 Miyun Sung (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, 70,000 are restricted shares, subject to vesting, issued pursuant to the Restricted Award Plan.