Form 4 for UE Urban Edge Properties
Accepted 2023-01-03 00:00:00 ET · period of report 2023-01-03 · accession 0001225208-23-000072 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2023-01-03 | 2023-01-03 | UE | O'Shea Kevin P. | Dir | M - OptEx | $14.26 | +911 | 12.2K | +8% | +$13.0K |
| D | 2023-01-03 | 2023-01-03 | UE | O'Shea Kevin P. | Dir | M - OptEx | — | -911 | 911 | -50% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Shares | 2023-01-03 | M | A | 911 | $14.26 | 12,236 | D | — | — | (F2) On May 8, 2019, an award of 4,552 DSUs previously granted on June 1, 2018, vested. As provided in the Trustee Equity Election Form, the Common Shares underlying the DSUs were not deliverable until the earlier of (i) January 1, 2020 or (ii) the first business day of the year immediately following the year the reporting person ceases to serve as a member of the Company's Board of Trustees, and will be delivered in five equal annual installments. (F3) Represents the value per DSU or Common Share under the Plan (as defined herein), based on the fair market value of the Common Shares on the transaction date. |
| 2 | Derivative | Deferred Stock Units | 2023-01-03 | M | D | 911 | — | 911 | D | — · — to — | 911 Common Shares | (F4) These Deferred Stock Units ("DSUs") of Urban Edge Properties (the "Company") were issued under the Urban Edge Properties 2015 Omnibus Share Plan (the "Plan"). The DSUs entitle the reporting person to an equivalent number of Common Shares of the Company without the payment of any consideration. (F2) On May 8, 2019, an award of 4,552 DSUs previously granted on June 1, 2018, vested. As provided in the Trustee Equity Election Form, the Common Shares underlying the DSUs were not deliverable until the earlier of (i) January 1, 2020 or (ii) the first business day of the year immediately following the year the reporting person ceases to serve as a member of the Company's Board of Trustees, and will be delivered in five equal annual installments. (F5) No expiration date is applicable to the DSUs. |