Sec Form 4 Filing - Urstadt Elinor F @ URSTADT BIDDLE PROPERTIES INC - 2023-08-18

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Urstadt Elinor F
2. Issuer Name and Ticker or Trading Symbol
URSTADT BIDDLE PROPERTIES INC [ UBA]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director X __ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
1 EASTBOURNE AVENUE, APT #2C
3. Date of Earliest Transaction (MM/DD/YY)
08/18/2023
(Street)
BRONXVILLE, NY10708
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
_____ Form filed by One Reporting Person
__ X __ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 08/18/2023 D 18,000 D 0 D
Class A Common Stock 08/18/2023 D 58,767 D 0 I See Footnote ( 2 )
Class A Common Stock 08/18/2023 D 100,000 D 0 I See Footnote ( 3 )
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Urstadt Elinor F
1 EASTBOURNE AVENUE
APT #2C
BRONXVILLE, NY10708
X
Estate of Urstadt, Charles J.
1 EASTBOURNE AVENUE
APT #2C
BRONXVILLE, NY10708
X
Signatures
/s/ Elinor F. Urstadt, as executor of the Estate of Charles J. Urstadt 08/18/2023
Signature of Reporting Person Date
/s/ Elinor F. Urstadt 08/18/2023
Signature of Reporting Person Date
Explanation of Responses:
( 1 )All shares were disposed of pursuant to the Merger Agreement, by and among Regency Centers Corporation ( "Regency"), Hercules Merger Sub, LLC, Urstadt Biddle Properties Inc., UB Maryland I, Inc., and UB Maryland II, Inc. in exchange for an aggregate of 61,338 shares of Regency common stock having a closing price of $61.31 per share on the effective date of the mergers.
( 2 )Represents shares of Common Stock in the Estate of Charles J. Urstadt of which the Reporting Person is the executor. Pursuant to Rule 16a-2(d) of the Securities Exchange Act of 1934, as amended (the "Act"), transactions by the Reporting Person in her capacity as the executor of the Estate of Charles J. Urstadt may be exempt from the provisions of Section 16 of the Act for 12 months following appointment and qualification.
( 3 )Shares held by Urstadt Property Company, Inc., and reported in the Reporting Person's capacity as executor of the Estate of Charles J. Urstadt.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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