Ronald J. Artinian - 09 Mar 2023 Form 4 Insider Report for FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY (FREVS)

Role
Chairman of the Board, Director
Signature
/s/ Ronald J. Artinian
Issuer symbol
FREVS
Transactions as of
09 Mar 2023
Net transactions value
$0
Form type
4
Filing time
13 Mar 2023, 15:39:20 UTC
Previous filing
31 Jan 2023
Next filing
10 Apr 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction FREVS Common Stock, par value $0.01 per share Award $0 +1,290 +0.27% $0.000000 486,103 09 Mar 2023 Direct F1, F2
holding FREVS Common Stock, par value $0.01 per share 4,350 09 Mar 2023 By Son F1, F3
holding FREVS Common Stock, par value $0.01 per share 52,504 09 Mar 2023 By IRAs F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Prior to the reincorporation of First Real Estate Investment Trust of New Jersey, Inc. ("FREIT") from a New Jersey real estate investment trust to a Maryland corporation on July 1, 2021, FREIT's equity securities were beneficial interests in FREIT that were designated as "shares" without par value. In connection with the reincorporation of FREIT as a Maryland corporation, FREIT's shares of beneficial interest were converted to shares of common stock, par value $0.01 per share, on a 1-for-1 basis.
F2 Award of shares of Common Stock, par value $0.01 per share, under FREIT's Equity Incentive Plan of 1998. Such award was approved by FREIT's Board of Directors upon the recommendation of the Compensation Committee of the Board.
F3 Shares held by Mr. Artinian's son, Ronald K. Artinian.