Kevin J. Bannon - 18 Aug 2023 Form 4 Insider Report for URSTADT BIDDLE PROPERTIES INC

Role
Director
Signature
/s/ Kevin J. Bannon by Miyun Sung as Attorney-in-Fact
Issuer symbol
N/A
Transactions as of
18 Aug 2023
Net transactions value
$0
Form type
4
Filing time
18 Aug 2023, 18:39:23 UTC
Previous filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBA Class A Common Stock Disposed to Issuer -51,500 -100% 0 18 Aug 2023 Direct F1
transaction UBA Class A Common Stock Disposed to Issuer -1,000 -100% 0 18 Aug 2023 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Kevin J. Bannon is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id Content
F1 All shares were disposed of pursuant to the Merger Agreement, by and among Regency Centers Corporation ("Regency"), Hercules Merger Sub, LLC, Urstadt Biddle Properties Inc., UB Maryland I, Inc., and UB Maryland II, Inc. in exchange for an aggregate of 18,217 shares of Regency common stock having a closing price of $61.31 per share on the effective date of the mergers.
F2 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.