John T. Hayes - 04 Jan 2023 Form 4 Insider Report for URSTADT BIDDLE PROPERTIES INC

Role: Senior VP and CFO
Signature: /s/ John T. Hayes
Issuer symbol: N/A
Transactions as of: 04 Jan 2023
Net transactions value: -$259,740
Form type: 4
Filing time: 05 Jan 2023, 15:05:38 UTC
Previous filing: 04 Jan 2023
Next filing: 18 Aug 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	Sale	$259,740	-13,500	-12%	$19.24	101,606	04 Jan 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 4, 2023, Mr. Hayes sold 13,500 shares of Class A Common Stock in multiple transactions ranging from $19.15 to $19.35, inclusive. The reporting person undertakes to provide, upon request by the staff of the U.S. Securities and Exchange Commission, the Company or security holder of the Company, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
F2	Of such shares, 85,000 are restricted shares, subject to vesting, issued pursuant to the Restricted Stock Award Plan.

Content

On January 4, 2023, Mr. Hayes sold 13,500 shares of Class A Common Stock in multiple transactions ranging from $19.15 to $19.35, inclusive. The reporting person undertakes to provide, upon request by the staff of the U.S. Securities and Exchange Commission, the Company or security holder of the Company, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

Of such shares, 85,000 are restricted shares, subject to vesting, issued pursuant to the Restricted Stock Award Plan.