0001140361-14-000174.txt : 20140102 0001140361-14-000174.hdr.sgml : 20140101 20140102162010 ACCESSION NUMBER: 0001140361-14-000174 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20131231 FILED AS OF DATE: 20140102 DATE AS OF CHANGE: 20140102 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: URSTADT BIDDLE PROPERTIES INC CENTRAL INDEX KEY: 0001029800 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 042458042 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 BUSINESS ADDRESS: STREET 1: C/O URSTADT BIDDLE PROPERTIES INC. STREET 2: 321 RAILROAD AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 BUSINESS PHONE: 2038638200 MAIL ADDRESS: STREET 1: 321 RAILROAD AVENUE CITY: GREENWICH STATE: CT ZIP: 06830 FORMER COMPANY: FORMER CONFORMED NAME: HRE PROPERTIES INC DATE OF NAME CHANGE: 19961230 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BIDDLE WILLING L CENTRAL INDEX KEY: 0001070094 STATE OF INCORPORATION: MD FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-12803 FILM NUMBER: 14502044 MAIL ADDRESS: STREET 1: 53 ELMWOOD ROAD CITY: SOUTH SALEM STATE: NY ZIP: 10590 4 1 doc1.xml FORM 4 X0306 4 2013-12-31 0 0001029800 URSTADT BIDDLE PROPERTIES INC UBP 0001070094 BIDDLE WILLING L 53 ELMWOOD ROAD SOUTH SALEM NY 10590 1 1 1 0 President and CEO Common Stock 2013-12-31 4 J 0 1168 0 D 2497430 I See footnote Common Stock 2013-12-31 4 J 0 1168 0 A 2498598 I See footnote Common Stock 2014-01-02 4 J 0 100000 0 A 2598598 I See footnote Common Stock 2014-01-02 4 J 0 1000 0 A 2599598 I See footnote On December 31, 2013, the Trust Established Under the Urstadt Biddle Properties Inc. Excess Benefit and Deferred Compensation Plan dated 1/1/2000 (the "Plan") made a required distribution of 1,168 shares of Common Stock to Willing L. Biddle (the "Reporting Person"), a participant in the Plan. This resulted in no change in the number of shares beneficially owned by the Reporting Person. On January 2, 2014, the Issuer entered into an agreement with the Reporting Person whereby the Reporting Person was granted a restricted stock award of 100,000 shares of Common Stock pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan (the "Restricted Stock Award Plan"). On January 2, 2014 the Issuer entered into an agreement with Catherine U. Biddle, the Reporting Person's wife and a director of the Issuer, whereby Mrs. Biddle was granted a restricted stock award of 1,000 shares of Common Stock pursuant to the Restricted Stock Award Plan. This figure includes 950,000 restricted shares of Common Stock issued to Mr. Biddle and 1,000 restricted shares of Common Stock issued to Mrs. Biddle pursuant to the Restricted Stock Award Plan. On January 2, 2014, restrictions applicable to a previously reported grant of 93,750 restricted shares of Common Stock lapsed, resulting in the Reporting Person becoming fully vested in such shares. This resulted in no change in the number of shares beneficially owned by the Reporting Person. Mr. Biddle is the direct beneficial owner of 2,019,489 shares of Common Stock, including the 950,000 restricted shares noted in Footnote 4, and the indirect beneficial owner of 580,109 shares of Common Stock held as follows: 270,000 shares by each of the Willing L. Biddle Dynasty Trust ("WLB Trust") and the Catherine U. Biddle Dynasty Trust ("CUB Trust"), of which the issue of Mr. Biddle are the beneficiaries and Catherine Biddle and Mr. Biddle, respectively, are the trustees, 2,357 shares by the trust established under the Issuer's 2005 Deferred Compensation Plan, 2,307 shares by Mr. Biddle's IRA, 5,163 shares by the P.T. Biddle (Dec'd) IRA for benefit of Mr. Biddle, 28,657 shares by Mr. Biddle's wife, 555 shares by his wife's IRA, and 1,070 shares by the Chas. and Phoebe Biddle Trust for benefit of the Issue of Mr. Biddle (the "Biddle Trust"). Mr. Biddle and C. J. Urstadt are sole trustees of the Biddle Trust. Mr. Biddle disclaims beneficial ownership of shares held by the CUB Trust. Willing L. Biddle by Thomas D. Myers as Attorney-in-Fact 2014-01-02