Sec Form 4 Filing - Kalish Isaac @ ONE LIBERTY PROPERTIES INC - 2020-07-31

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
Kalish Isaac
2. Issuer Name and Ticker or Trading Symbol
ONE LIBERTY PROPERTIES INC [ OLP]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
VP and Assistant Treasurer
(Last) (First) (Middle)
60 CUTTER MILL ROAD, SUITE 303
3. Date of Earliest Transaction (MM/DD/YY)
07/31/2020
(Street)
GREAT NECK, NY11021
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ 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
Common Stock 07/31/2020 J 436 A 42,987 D
Common Stock 07/31/2020 J 492 A 19,344 ( 2 ) I By Gould Investors L.P. pension trust
Common Stock 07/31/2020 J 3,929 A 154,283 ( 3 ) I By REIT Mgt. Corp. pension and profit sharing trusts
Common Stock 07/31/2020 J 105 A 4,149 ( 4 ) I By BRT Apartments Corp. Pension Trust
Common Stock 07/31/2020 J 6 A 4,800 I As custodian for children pursuant to UGMA
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
Kalish Isaac
60 CUTTER MILL ROAD
SUITE 303
GREAT NECK, NY11021
VP and Assistant Treasurer
Signatures
/s/ Isaac Kalish 08/04/2020
Signature of Reporting Person Date
Explanation of Responses:
( 1 )On June 10, 2020, the issuer declared a quarterly dividend on its common stock of $.45 per share, payable on July 31, 2020 to stockholders of record on June 22, 2020. Stockholders were entitled to elect whether the dividend payable to them would be paid in cash or shares of the issuer's commons stock, provided that, with certain exceptions, 50% of the aggregate dividend to be paid by the issuer would be paid in each of cash and shares of common stock (the "Limitation"). The number of shares in column 4 represents the shares issued to the recipient after giving effect to the Limitation.
( 2 )Reporting person is a trustee of Gould Investors L.P. Pension Trust.
( 3 )Reporting person is a trustee of each of the REIT Management Corp. Pension Plan and the REIT Management Corp. 401(k) Tax Deferred Savings Plan Profit Sharing Trust, which in the aggregate own the number of shares shown.
( 4 )Reporting person is a trustee of BRT Apartments Corp. Pension Trust, which owns these shares.

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* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
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