0001174947-22-001119.txt : 20221028
0001174947-22-001119.hdr.sgml : 20221028
20221028144913
ACCESSION NUMBER: 0001174947-22-001119
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20221027
FILED AS OF DATE: 20221028
DATE AS OF CHANGE: 20221028
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: AIELLO JOHN A
CENTRAL INDEX KEY: 0001214830
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25043
FILM NUMBER: 221341116
MAIL ADDRESS:
STREET 1: GIORDANO HALLERAN & CLESIA
STREET 2: PC 125 HALF MILE RD PO BOX 190
CITY: MIDDLETOWN
STATE: NJ
ZIP: 07748
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
2022-10-27
0
0000036840
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY
FREVS
0001214830
AIELLO JOHN A
C/O GIORDANO, HALLERAN & CIESLA, P.C.
125 HALF MILE ROAD, SUITE 300
RED BANK
NJ
07701
1
1
0
0
Secretary
Common Stock, par value $0.01 per share
2022-10-27
4
M
0
19000
13.50
A
24000
D
Option to Purchase
13.50
2022-10-27
4
M
0
19000
0
A
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.
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/ John A. Aiello
2022-10-28