Stephan A. Rapaglia - 04 Jan 2022 Form 4 Insider Report for URSTADT BIDDLE PROPERTIES INC

Role
SVP and COO
Signature
/s/ Stephan A. Rapaglia
Issuer symbol
N/A
Transactions as of
04 Jan 2022
Net transactions value
-$91,633
Form type
4
Filing time
06 Jan 2022, 15:13:06 UTC
Next filing
04 Jan 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBA Class A Common Stock Tax liability $91,633 -4,298 -4% $21.32 104,314 04 Jan 2022 Direct F1
transaction UBA Class A Common Stock Award $0 +20,000 +19% $0.000000 124,314 04 Jan 2022 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 4,298 shares of Class A Common Stock were withheld by the Company to satisfy Stephan Rapaglia (the Reporting Person")'s tax obligation upon vesting of 12,500 shares on January 4, 2022. The closing price of Class A Common Stock on January 4, 2022 was $21.32.
F2 On January 4, 2022, the Issuer entered into an agreement with the Reporting Person, whereby the Reporting Person was granted a restricted stock award of 20,000 shares of Class A Common Stock that vests on January 4, 2027, pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan (the "Restricted Stock Award Plan").
F3 Of such shares, 83,000 are restricted shares, subject to vesting, issued pursuant to the Restricted Stock Award Plan.