0001174947-22-001106.txt : 20221027
0001174947-22-001106.hdr.sgml : 20221027
20221027163941
ACCESSION NUMBER: 0001174947-22-001106
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221026
FILED AS OF DATE: 20221027
DATE AS OF CHANGE: 20221027
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hekemian Robert S Jr
CENTRAL INDEX KEY: 0001387241
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25043
FILM NUMBER: 221337831
MAIL ADDRESS:
STREET 1: 370 PASCACK ROAD
CITY: TOWNSHIP OF WASHINGTON
STATE: NJ
ZIP: 07676
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
ownership.xml
X0306
4
2022-10-26
0
0000036840
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY
FREVS
0001387241
Hekemian Robert S Jr
17 OLD WOODS ROAD
SADDLE RIVER
NJ
07458
1
1
0
0
Chief Executive Officer
Common Stock, par value $0.01 per share
2022-10-26
4
M
0
19000
10.95
A
170236
D
Common Stock, par value $0.01 per share
2022-10-26
4
M
0
4000
10.95
A
174236
D
Common Stock, par value $0.01 per share
25458
I
By Trust
Common Stock, par value $0.01 per share
11000
I
By Trusts
Common Stock, par value $0.01 per share
1000
I
By Spouse
Common Stock, par value $0.01 per share
102216
I
By Partnerships
Common Stock, par value $0.01 per share
9238
I
By Trusts
Option to Purchase
10.95
2022-10-26
4
D
0
19000
0
A
2024-09-03
Common Stock, par value $0.01 per share
19000
0
D
Option to Purchase
10.95
2022-10-26
4
D
0
4000
0
A
2024-09-03
Common Stock, par value $0.01 per share
4000
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 in trust for which Mr. Hekemian is a beneficiary. Mr. Hekemian disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
Shares held by certain trusts for the benefit of Mr. Hekemian's nephews, and of which Mr. Hekemian is trustee. Mr. Hekemian disclaims beneficial ownership of these shares.
Shares held by Mr. Hekemian's wife. Mr. Hekemian disclaims beneficial ownership of these shares.
Shares held by certain partnerships in which Mr. Hekemian is a partner. Mr. Hekemian disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
Shares held in trust by Mr. Hekemian for the benefit of his children. Mr. Hekemian disclaims beneficial ownership of these shares.
This option was granted to Mr. Hekemian in his capacity as a Trustee of FREIT.
The original exercise price for the shares underlying this option was $18.45 per share. The exercise price was adjusted to $10.95 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, 2015; 3,800 shares vest on September 4, 2016; 3,800 shares vest on September 4, 2017; 3,800 shares vest on September 4, 2018; and 3,800 shares vest on September 4, 2019.
This option was granted to Mr. Hekemian in his capacity as the President and Chief Operating Officer of Hekemian & Co., Inc., the managing agent of FREIT.
The original exercise price for the shares underlying this option was $18.45 per share. The exercise price was adjusted to $10.95 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: 800 shares vest on September 4, 2015; 800 shares vest on September 4, 2016; 800 shares vest on September 4, 2017; 800 shares vest on September 4, 2018; and 800 shares vest on September 4, 2019.
/s/ Robert S. Hekemian, Jr.
2022-10-27