Accession Number: | 0001567619-20-000295 |
Date: | 2020-01-02 |
Issuer: | URSTADT BIDDLE PROPERTIES INC (UBA) |
Original Submission Date: |
HAYES JOHN T
321 RAILROAD AVENUE
GREENWICH, CT 06830
Title of Security | Transaction Date | 2a. Deemed Execution Date | Transaction Code | Shares | Acquired or Disposed | Price per share | 5. Amount of Securities Beneficially Owned Following Reported Transaction | 6. Ownership Form Direct or Indirect | Nature of Indirect Ownership |
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CLASS A COMMON STOCK | 2020-01-02 | F | 4,188 | d | $23.96 | 58,312 | direct | ||
CLASS A COMMON STOCK | 2020-01-02 | A | 15,500 | a | $0.00 | 73,812 | direct |
Title of Derivative Security | Conversion or Exercise Price of Derivative Security | Transaction Date | Deemed Execution Date | Transaction Code | Number of Derivative Securities Acquired (A) or Disposed of (D) | Date Exercisable | Expiration Date | Title and Amount of Securities Underlying Derivative Security | Price of Derivative Security | Number of derivative Securities Beneficially Owned Following Reported Transaction(s) | Ownership Form: Direct (D) or Indirect (I) | Nature of Indirect Beneficial Ownership |
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ID | footnote |
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f1 | 4,188 shares of class a common stock were withheld by the company to satisfy john t. hayes (the "reporting person")'s tax obligation upon vesting of 11,500 shares on january 2, 2020. the closing price of class a common stock on january 2, 2020 was $23.96. |
f2 | on january 2, 2020, the issuer entered into an agreement with the reporting person whereby the reporting person was granted a restricted stock award of 15,500 shares of class a common stock that vests on january 2, 2025, pursuant to the issuer's amended and restated restricted stock award plan (the "restricted stock award plan"). |
f3 | of such shares, 66,500 are restricted shares, subject to vesting, issued pursuant to the restricted stock award plan. |