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

Role
10%+ Owner
Signature
/s/ Elinor F. Urstadt, as executor of the Estate of Charles J. Urstadt
Stock symbol
UBA
Transactions as of
Aug 18, 2023
Transactions value $
$0
Form type
4
Date filed
8/18/2023, 07:01 PM
Previous filing
Jan 10, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBA Class A Common Stock Disposed to Issuer -18K -100% 0 Aug 18, 2023 Direct F1
transaction UBA Class A Common Stock Disposed to Issuer -58.8K -100% 0 Aug 18, 2023 See Footnote F1, F2
transaction UBA Class A Common Stock Disposed to Issuer -100K -100% 0 Aug 18, 2023 See Footnote F1, F3
* 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 61,338 shares of Regency common stock having a closing price of $61.31 per share on the effective date of the mergers.
F2 Represents shares of Common Stock in the Estate of Charles J. Urstadt of which the Reporting Person is the executor. Pursuant to Rule 16a-2(d) of the Securities Exchange Act of 1934, as amended (the "Act"), transactions by the Reporting Person in her capacity as the executor of the Estate of Charles J. Urstadt may be exempt from the provisions of Section 16 of the Act for 12 months following appointment and qualification.
F3 Shares held by Urstadt Property Company, Inc., and reported in the Reporting Person's capacity as executor of the Estate of Charles J. Urstadt.