0001104659-22-108722.txt : 20221014
0001104659-22-108722.hdr.sgml : 20221014
20221014104316
ACCESSION NUMBER: 0001104659-22-108722
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221012
FILED AS OF DATE: 20221014
DATE AS OF CHANGE: 20221014
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Meng Justin
CENTRAL INDEX KEY: 0001665777
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25043
FILM NUMBER: 221310527
MAIL ADDRESS:
STREET 1: 10 ROCK HILL LANE
CITY: SCARSDALE
STATE: NY
ZIP: 10583
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY
CENTRAL INDEX KEY: 0000036840
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 221697095
STATE OF INCORPORATION: NJ
FISCAL YEAR END: 1031
BUSINESS ADDRESS:
STREET 1: 505 MAIN STREET
STREET 2: SUITE 400
CITY: HACKENSACK
STATE: NJ
ZIP: 07601
BUSINESS PHONE: 2014886400
MAIL ADDRESS:
STREET 1: 505 MAIN STREET
STREET 2: SUITE 400
CITY: HACKENSACK
STATE: NJ
ZIP: 07601
4
1
tm2228189-2_4seq1.xml
OWNERSHIP DOCUMENT
X0306
4
2022-10-12
0
0000036840
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY
FREVS
0001665777
Meng Justin
C/O FIRST REAL ESTATE INVESTMENT TRUST
500 MAIN STREET
HACKENSACK
NJ
07601
1
0
0
0
Common Stock, par value $0.01 per share
2022-10-12
4
M
0
19000
13.50
A
31600
D
Common Stock, par value $0.01 per share
2400
I
By Wife
Option to Purchase
13.50
2022-10-12
4
M
0
19000
0
D
2026-11-09
Common Stock, par value $0.01 per share
19000
0
D
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.
Shares held by an IRA for the benefit of Mr. Meng's wife, Christine Lee Yoon. Mr. Meng disclaims beneficial ownership of the shares held by the IRA.
The original exercise price for the shares underlying this option was $21 per share. The exercise price was adjusted to $13.50 per share pursuant to the terms of FREIT's Equity Incentive Plan under which such option was granted.
The shares underlying the option vest as follows: 3,800 shares vest on September 4, 2017; 3,800 shares vest on September 4, 2018; 3,800 shares vest on September 4, 2019; 3,800 shares vest on September 4, 2020; and 3,800 shares vest on September 4, 2021.
/s/ Justin Meng
2022-10-13