URSTADT PROPERTY CO INC 4
4 · URSTADT BIDDLE PROPERTIES INC · Filed Feb 1, 2010
Insider Transaction Report
Form 4
URSTADT CHARLES J
DirectorChairman of the Board and CEO10% Owner
Transactions
- Purchase
Common Stock
2010-01-29$14.05/sh+500$7,025→ 3,363,786 total(indirect: See footnote)
Footnotes (3)
- [F1]On January 29, 2010 Urstadt Property Company, Inc. a Delaware corporation of which Mr. Urstadt is a controlloing shareholder ("UPCO"), purchased 500 shares of Common Stock from an employee of the Issuer in a private transaction.
- [F2]This figure includes 491,250 restricted shares of Common Stock that were issued pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan, and which are held by Urstadt Realty Shares II L.P. ("URS II"), a Delaware limited partnership of which Mr. Urstadt is the limited partner and UPCO is the general partner.
- [F3]Mr. Urstadt, individually, is not the direct beneficial owner of any shares of Common Stock, but when aggregating the 880,620 shares of Common Stock held by URS II (including the 491,250 restricted shares referenced in Footnote (2)), the 550,213 shares of Common Stock held by UPCO, the 21,300 shares of Common Stock held by Elinor Urstadt, Mr. Urstadt's wife, the 10,647 shares of Common Stock held by two trusts established under the Urstadt Biddle Properties Inc. Excess Benefit and Deferred Compensation Plans of 2000 and 2005 for the benefit of Mr. Urstadt and the 1,901,006 shares of Common Stock held by Urstadt Property Associates Co LP, a Delaware limited partnership, of which UPCO is the general partner and Mr. Urstadt, Mrs. Urstadt, the Catherine U. Biddle Irrevocable Trust and the Charles D. Urstadt Irrevocable Trust (for each of which trusts Mr. Urstadt is the sole trustee) are the limited partners, results in Mr. Urstadt beneficially owning 3,363,786 shares of Common Stock.