Elinor F. Urstadt - Aug 18, 2023 Form 4 Insider Report for URSTADT BIDDLE PROPERTIES INC (UBP)

Role
10%+ Owner
Signature
/s/ Elinor F. Urstadt, as executor of the Estate of Charles J. Urstadt
Stock symbol
UBP
Transactions as of
Aug 18, 2023
Transactions value $
$0
Form type
4
Date filed
8/18/2023, 06:56 PM
Previous filing
Jan 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBP Common Stock Disposed to Issuer -125K -100% 0 Aug 18, 2023 See Footnote F1, F2
transaction UBP Common Stock Disposed to Issuer -281K -100% 0 Aug 18, 2023 See Footnote F1, F3
transaction UBP Common Stock Disposed to Issuer -220K -100% 0 Aug 18, 2023 See Footnote F1, F4
transaction UBP Common Stock Disposed to Issuer -888K -100% 0 Aug 18, 2023 See Footnote F1, F5
transaction UBP Common Stock Disposed to Issuer -1.94M -100% 0 Aug 18, 2023 See Footnote F1, F6
transaction UBP Common Stock Disposed to Issuer -456K -100% 0 Aug 18, 2023 See Footnote F1, F7
transaction UBP Common Stock Disposed to Issuer -450K -100% 0 Aug 18, 2023 See Footnote F1, F8
transaction UBP Common Stock Disposed to Issuer -76.1K -100% 0 Aug 18, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Elinor F. Urstadt 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 1,540,052 shares of Regency common stock having a closing price of $61.31 per share on the effective date of the mergers.
F2 Shares held by the Estate of Charles J. Urstadt, of which the Reporting Person is the executor.
F3 Shares held by the Marital Deduction Trust, of which the Reporting Person and Catherine U. Biddle are trustees and the Reporting Person is the beneficiary.
F4 Shares held by the Charles J. Urstadt 2012 Family Trust of which the Reporting Person is a trustee.
F5 Shares held by Urstadt Property Company, Inc. ("UPCO"), a Delaware corporation, and reported in the Reporting Person's capacity as executor of the Estate of Charles J. Urstadt.
F6 Shares held by Urstadt Realty Associates Co. LP, a Delaware limited partnership of which UPCO is the general partner, and the Estate of Charles J. Urstadt, the Reporting Person, Catherine U. Biddle Irrevocable Trust and the Charles D. Urstadt Irrevocable Trust are limited partners. Reported in the Reporting Person's capacity as executor of the Estate of Charles J. Urstadt.
F7 Shares held by Urstadt Realty Shares II LP, a Delaware limited partnership of which UPCO is the general partner and the Estate of Charles J. Urstadt is the limited partner. Reported in the Reporting Person's capacity as executor of the Estate of Charles J. Urstadt.
F8 Shares held by the Elinor F. Urstadt 2016 Gift Trust, of which JP Morgan and Catherine U Biddle are trustees.