0001174947-23-000723.txt : 20230505
0001174947-23-000723.hdr.sgml : 20230505
20230505135719
ACCESSION NUMBER: 0001174947-23-000723
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230503
FILED AS OF DATE: 20230505
DATE AS OF CHANGE: 20230505
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hekemian David
CENTRAL INDEX KEY: 0001737370
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-25043
FILM NUMBER: 23892871
MAIL ADDRESS:
STREET 1: 505 MAIN STREET
STREET 2: SUITE 400
CITY: HACKENSACK
STATE: NJ
ZIP: 07601
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
2023-05-03
0
0000036840
FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY
FREVS
0001737370
Hekemian David
505 MAIN STREET
SUITE 400
HACKENSACK
NJ
07601
1
0
0
0
0
Common Stock, par value $0.01 per share
2023-05-03
4
M
0
3800
8.00
A
213629
D
Common Stock, par value $0.01 per share
102216
I
By Partnerships and LLCs
Common Stock, par value $0.01 per share
17638
I
By Trust
Common Stock, par value $0.01 per share
25470
I
By Trust
Common Stock, par value $0.01 per share
88940
I
By Foundation
Common Stock, par value $0.01 per share
6000
I
By Trust
Common Stock, par value $0.01 per share
1916
I
By Spouse
Option to Purchase
8.00
2023-05-03
4
M
0
3800
0
D
2028-05-03
Common Stock, par value $0.01 per share
3800
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 certain partnerships and limited liability companies in which Mr. Hekemian is a partner or member. Mr. Hekemian disclaims beneficial ownership of the shares held by such partnerships and limited liability companies except to the extent of his pecuniary interest therein.
Shares held in by a certain trust for the benefit of Mr. Hekemian's nephews, of which Mr. Hekemian is the trustee. Mr. Hekemian disclaims beneficial ownership of the shares held by such trust.
Shares held in a certain trust, of which Mr. Hekemian is a beneficiary. Mr. Hekemian disclaims beneficial ownership of the shares held by such trust except to the extent of his pecuniary interest therein.
Shares held by the Robert and Mary Jane Hekemian Foundation, Inc., of which Mr. Hekemian is the Vice President/Treasurer. Mr. Hekemian disclaims beneficial ownership of the shares held by the Robert and Mary Jane Hekemian Foundation, Inc.
Shares held in a certain trust for the benefit of Mr. Hekemian's children, of which Mr. Hekemian is the trustee. Mr. Hekemian disclaims beneficial ownership of the shares held by such trust.
Shares held by Mr. Hekemian's wife. Mr. Hekemian disclaims beneficial ownership of the shares held by his wife.
The original exercise price for the shares underlying this option was $15.50 per share. The exercise price was adjusted to $8 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 May 3, 2019; 3,800 shares vest on May 3, 2020; 3,800 shares vest on May 3, 2021; 3,800 shares vest on May 3, 2022; and 3,800 shares vest on May 3, 2023.
/s/ David B. Hekemian
2023-05-05