Willis H. Stephens Jr. - 03 Jan 2023 Form 4 Insider Report for URSTADT BIDDLE PROPERTIES INC

Role
Director
Signature
/s/ Willis S. Stephens, Jr. by Miyun Sung as Attorney-in-fact
Issuer symbol
N/A
Transactions as of
03 Jan 2023
Net transactions value
$0
Form type
4
Filing time
04 Jan 2023, 15:25:15 UTC
Previous filing
05 Jan 2022
Next filing
18 Aug 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UBA Class A Common Stock Award $0 +2,600 +47% $0.000000 8,166 03 Jan 2023 Direct F1, F2
holding UBA Class A Common Stock 1,200 03 Jan 2023 See Footnote F3
* 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 Willis H. Stephens, Jr. (the "Reporting Person") whereby the Reporting Person was granted a restricted stock award of 2,600 shares of Class A Common Stock that vests on January 3, 2028, pursuant to the Issuer's Amended and Restated Stock Award Plan.
F2 Of such shares, 7,700 are restricted shares, subject to vesting, issued pursuant to the Restricted Stock Award Plan. 466 shares were acquired under the Issuer's dividend reinvestment plan.
F3 Shares held by Virginia M. Stephens, spouse of the Reporting Person.