Willing L. Biddle - Aug 18, 2023 Form 4 Insider Report for URSTADT BIDDLE PROPERTIES INC (UBP)

Role
President and CEO, Director, 10%+ Owner
Signature
/s/ Willing L. Biddle
Stock symbol
UBP
Transactions as of
Aug 18, 2023
Transactions value $
$0
Form type
4
Date filed
8/18/2023, 06:59 PM
Previous filing
Jan 19, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBP Common Stock Disposed to Issuer -1.4M -100% 0 Aug 18, 2023 Direct F1
transaction UBP Common Stock Disposed to Issuer -1.18M -100% 0 Aug 18, 2023 See Footnote F1, F2
transaction UBP Common Stock Disposed to Issuer -906K -100% 0 Aug 18, 2023 See Footnote F1, F3
transaction UBP Common Stock Disposed to Issuer -18.9K -100% 0 Aug 18, 2023 See Footnote F1, F4
transaction UBP Common Stock Disposed to Issuer -5.16K -100% 0 Aug 18, 2023 See Footnote F1, F5
transaction UBP Common Stock Disposed to Issuer -1.07K -100% 0 Aug 18, 2023 See Footnote F1, F6
transaction UBP Common Stock Disposed to Issuer -21K -100% 0 Aug 18, 2023 See Footnote F1, F7
transaction UBP Common Stock Disposed to Issuer -2.43K -100% 0 Aug 18, 2023 See Footnote F1, F8
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Willing L. Biddle 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 1,225,403 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 Willing L. Biddle 2012 Dynasty Trust.
F3 Shares held by Catherine U. Biddle 2012 Dynasty Trust.
F4 Shares held by Catherine U. Biddle. The number of shares reported does not include shares of Common Stock of the Issuer owned by Urstadt Realty Associates Co LP ("URACO"), of which the Catherine U. Biddle Irrevocable Trust (the "CUB Trust") is a limited partner. Catherine U. Biddle is the sole beneficiary of the CUB Trust. The number of shares reported also does not include shares of Common Stock of the Issuer owned by Urstadt Property Company, Inc. ("UPCO"), of which Catherine U. Biddle is an officer and shareholder. Shares held by URACO and UPCO are separately reported by Elinor F. Urstadt and the Estate of Charles J. Urstadt, together the controlling shareholder of UPCO.
F5 Shares held by Willing L. Biddle Inherited IRA.
F6 Shares held by Charles Biddle Trust.
F7 Shares held by Trust UW PTB Art 4.1.
F8 Shares held by Excess Benefit and Deferred Compensation Plan of 2005, of which the Reporting Person is a participant.