Bannon Kevin j 4
4 · URSTADT BIDDLE PROPERTIES INC · Filed Jan 4, 2023
Insider Transaction Report
Form 4
Bannon Kevin j
Director
Transactions
- Award
Class A Common Stock
2023-01-03+2,600→ 51,500 total
Holdings
- 1,000(indirect: See footnote)
Class A Common Stock
Footnotes (3)
- [F1]On January 3, 2023, the Issuer entered into an agreement with Kevin J. Bannon (the "Reporting Person") whereby the Reporting Person was granted a restricted stock award of 2,600 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").
- [F2]Of such shares, 8,900 are restricted shares, subject to vesting, issued pursuant to the Restricted Stock Award Plan, and 1,700 shares are held in the name of the Kevin J. Bannon IRA for the benefit of Kevin J. Bannon.
- [F3]The Reporting Person is the indirect beneficial owner of 1,000 shares of Class A Common Stock, which are owned by the Trust established under the will of Nathan B. Epstein for the benefit of Susan E. Bannon, Mr. Bannon's wife, et ano. Mr. Bannon is co-trustee of the trust.