0001174947-23-000547.txt : 20230410
0001174947-23-000547.hdr.sgml : 20230410
20230410121724
ACCESSION NUMBER: 0001174947-23-000547
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230406
FILED AS OF DATE: 20230410
DATE AS OF CHANGE: 20230410
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: 23810302
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
X0407
4
2023-04-06
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
0
Common Stock, par value $0.01 per share
2023-04-06
4
M
0
1000
7.50
A
487103
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
7.50
2023-04-06
4
M
0
1000
0
D
2029-03-03
Common Stock, par value $0.01 per share
5000
1000
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 $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
2023-04-10