4//SEC Filing
ARTINIAN RONALD J 4
Accession 0001174947-23-000547
CIK 0000036840other
Filed
Apr 9, 8:00 PM ET
Accepted
Apr 10, 12:17 PM ET
Size
9.5 KB
Accession
0001174947-23-000547
Insider Transaction Report
Form 4
ARTINIAN RONALD J
Other
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
2023-04-06$7.50/sh+1,000$7,500→ 487,103 total - Exercise/Conversion
Option to Purchase
2023-04-06−1,000→ 1,000 totalExercise: $7.50Exp: 2029-03-03→ Common Stock, par value $0.01 per share (5,000 underlying)
Holdings
- 4,350(indirect: By Son)
Common Stock, par value $0.01 per share
- 52,504(indirect: By IRA)
Common Stock, par value $0.01 per share
Footnotes (4)
- [F1]Prior to the reincorporation of First Real Estate Investment Trust of New Jersey, Inc. ("FREIT") from a New Jersey real estate investment trust to a Maryland corporation on July 1, 2021, FREIT's equity securities were beneficial interests in FREIT that were designated as "shares" without par value. In connection with the reincorporation of FREIT as a Maryland corporation, FREIT's shares of beneficial interest were converted to shares of common stock, par value $0.01 per share, on a 1-for-1 basis.
- [F2]Shares held by Mr. Artinian's son, Ronald K. Artinian.
- [F3]The original exercise price for the shares underlying this option was $15 per share. The exercise price was adjusted to $7.50 per share pursuant to the terms of FREIT's Equity Incentive Plan under which such option was granted.
- [F4]The shares underlying this option vest as follows: 1,000 shares vest on March 4, 2020; 1,000 shares vest on March 4, 2021; 1,000 shares vest on March 4, 2022; 1,000 shares vest on March 4, 2023; and 1,000 shares vest on March 4, 2024.
Documents
Issuer
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY
CIK 0000036840
Entity typeother
Related Parties
1- filerCIK 0001127605
Filing Metadata
- Form type
- 4
- Filed
- Apr 9, 8:00 PM ET
- Accepted
- Apr 10, 12:17 PM ET
- Size
- 9.5 KB