Willing L. Biddle - Dec 20, 2022 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
Dec 20, 2022
Transactions value $
$0
Form type
4
Date filed
12/22/2022, 03:03 PM
Previous filing
Jun 28, 2022
Next filing
Jan 4, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBP Common Stock Other -$860K -47.8K -3.49% $18.00 1.32M Dec 20, 2022 Direct F1, F2
transaction UBP Common Stock Other $488K +27.1K +2.38% $18.00 1.17M Dec 20, 2022 See Footnote F1, F3
transaction UBP Common Stock Other $372K +20.7K +2.36% $18.00 895K Dec 20, 2022 See Footnote F1, F4
holding UBP Common Stock 16.3K Dec 20, 2022 See footnote F5
holding UBP Common Stock 5.16K Dec 20, 2022 See footnote F6
holding UBP Common Stock 1.07K Dec 20, 2022 See footnote F7
holding UBP Common Stock 21K Dec 20, 2022 See footnote F8
holding UBP Common Stock 2.43K Dec 20, 2022 See footnote F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On December 20, 2022, Willing L. Biddle (the "Reporting Person") sold or transferred 27,134 shares of Common Stock to the Willing L. Biddle 2012 Dynasty Trust and 20,664 shares of Common Stock to the Catherine U. Biddle 2012 Dynasty Trust at $18.00 per share.
F2 Shares held by the Reporting Person, of which 900,000 are restricted shares, subject to vesting, issued pursuant to the Issuer's Restricted Stock Award Plan.
F3 Shares held by Willing L. Biddle 2012 Dynasty Trust.
F4 Shares held by Catherine U. Biddle 2012 Dynasty Trust.
F5 Shares held by Catherine U. Biddle, spouse of the Reporting Person, of which 7,400 are restricted shares, subject to vesting, issued to Catherine U. Biddle pursuant to the Issuer's Restricted Stock Award Plan. 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.
F6 Shares held by Willing L. Biddle Inherited IRA.
F7 Shares held by Charles Biddle Trust.
F8 Shares held by Trust UW PTB Art 4.1.
F9 Shares held by Excess Benefit and Deferred Compensation Plan of 2005, of which the Reporting Person is a participant.