Charles D. Urstadt - Jan 3, 2023 Form 4 Insider Report for URSTADT BIDDLE PROPERTIES INC (UBP)

Role: Chairman, Director
Signature: /s/ Charles D. Urstadt by Miyun Sung as Attorney-in-Fact
Stock symbol: UBP
Transactions as of: Jan 3, 2023
Transactions value $: $0
Form type: 4
Date filed: 1/4/2023, 03:21 PM
Previous filing: Jan 5, 2022
Next filing: Aug 18, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UBP	Common Stock	Award	$0	+5K	+9.64%	$0.00	56.9K	Jan 3, 2023	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On January 3, 2023, the Issuer entered into an agreement with Charles D. Urstadt (the "Reporting Person") whereby the Reporting Person was granted a restricted stock award of 5,000 shares of Common Stock that vests on January 3, 2028, pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan (the "Restricted Stock Award Plan").
F2	Of such shares, 26,000 are restricted shares, subject to vesting, issued pursuant to the 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 Charles D. Urstadt Irrevocable Trust (the "CDU Trust") is a limited partner. The Reporting Person is the sole beneficiary of the CDU 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 the Reporting Person 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.

Content

On January 3, 2023, the Issuer entered into an agreement with Charles D. Urstadt (the "Reporting Person") whereby the Reporting Person was granted a restricted stock award of 5,000 shares of Common Stock that vests on January 3, 2028, pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan (the "Restricted Stock Award Plan").

Of such shares, 26,000 are restricted shares, subject to vesting, issued pursuant to the 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 Charles D. Urstadt Irrevocable Trust (the "CDU Trust") is a limited partner. The Reporting Person is the sole beneficiary of the CDU 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 the Reporting Person 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.