0001174947-22-001134.txt : 20221101 0001174947-22-001134.hdr.sgml : 20221101 20221101170311 ACCESSION NUMBER: 0001174947-22-001134 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20221101 FILED AS OF DATE: 20221101 DATE AS OF CHANGE: 20221101 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: ARTINIAN RONALD J CENTRAL INDEX KEY: 0001127605 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 000-25043 FILM NUMBER: 221351293 MAIL ADDRESS: STREET 1: FIVE BRISTOL DRIVE CITY: MANHASSET STATE: NY ZIP: 10030 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 2022-11-01 0 0000036840 FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY FREVS 0001127605 ARTINIAN RONALD J 230 AUGUSTA COURT ROSLYN NY 11576 1 1 0 0 Chairman of the Board Common Stock, par value $0.01 per share 2022-11-01 4 M 0 22400 10.95 A 409038 D Common Stock, par value $0.01 per share 2022-11-01 4 M 0 3000 7.50 A 412038 D Common Stock, par value $0.01 per share 4350 I By Son Common Stock, par value $0.01 per share 52504 I By IRAs Option to Purchase 10.95 2022-11-01 4 M 0 22400 0 A 2024-09-03 Common Stock, par value $0.01 per share 28000 0 D Option to Purchase 7.50 2022-11-01 4 M 0 3000 0 A 2029-03-03 Common Stock, par value $0.01 per share 5000 2000 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 Mr. Artinian's son, Ronald K. Artinian. 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: 5,600 shares vest on September 4, 2015; 5,600 shares vest on September 4, 2016; 5,600 shares vest on September 4, 2017; 5,600 shares vest on September 4, 2018; and 5,600 shares vest on September 4, 2019. The original exercise price for the shares underlying this option was $15 per share. The exercise price was adjusted to $7.50 per share pursuant to the terms of FREIT's Equity Incentive Plan under which such option was granted. The shares underlying this option vest as follows: 1,000 shares vest on March 4, 2020; 1,000 shares vest on March 4, 2021; 1,000 shares vest on March 4, 2022; 1,000 shares vest on March 4, 2023; and 1,000 shares vest on March 4, 2024. /s/ Ronald J. Artinian 2022-11-01