Andrea Rosenthal Drazin - 10 Feb 2023 Form 4 Insider Report for Urban Edge Properties (UE)

Role
Chief Accounting Officer
Signature
/s/ Robert C. Milton III under POA
Issuer symbol
UE
Transactions as of
10 Feb 2023
Net transactions value
+$79,992
Form type
4
Filing time
14 Feb 2023, 16:15:04 UTC
Previous filing
21 Oct 2022
Next filing
22 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UE Common Shares Award $84,991 +5,478 +59% $15.52 14,791 10 Feb 2023 Direct F1, F2
transaction UE Common Shares Tax liability $4,999 -317 -2.1% $15.77 14,474 13 Feb 2023 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These common shares of beneficial interest, par value $0.01 ("Common Shares") of Urban Edge Properties (the "Issuer") were issued as "Restricted Stock" under the terms of the Urban Edge Properties 2015 Omnibus Share Plan (the "Omnibus Plan"). These shares vest ratably over three years subject to continued employment through each vesting date with the initial vesting occurring on February 10, 2024.
F2 Total includes Common Shares purchased, if any, through the Urban Edge Properties employee stock purchase plan and dividend reinvestment plan.
F3 Represents Common Shares disposed to the Issuer to satisfy withholding taxes related to vesting Restricted Stock issued under the Omnibus Plan.