X0202 4 2008-01-02 0 0001029800 URSTADT BIDDLE PROPERTIES INC UBP 0000102382 URSTADT CHARLES J 2 PARK PLACE BRONXVILLE NY 10708 1 1 1 0 Chairman of the Board and CEO Common Stock 2008-01-02 4 J 0 75000 0 A 3099368 I See Exhibit 1 Common Stock 2008-01-04 4 J 0 75000 D 3024368 I See Exhibit 1 Common Stock 2008-01-04 4 J 0 758 D 3023610 I See Exhibit 1 Common Stock 2008-01-04 4 J 0 75758 A 3099368 I See Exhibit 1 On January 2, 2008, the Issuer entered into an agreement with Charles J. Urstadt (the "Reporting Person") whereby the Reporting Person was granted a restricted stock award of 75,000 shares of Common Stock pursuant to the Issuer's Amended and Restated Restricted Stock Award Plan (the "Restricted Stock Award Plan"). This figure includes 371,250 restricted shares of Common Stock issued pursuant to the Restricted Stock Award Plan which, after the transactions reported on this Form 4, are owned by Urstadt Realty Shares II L.P. (?URS II?), a Delaware limited partnership of which Mr. Urstadt is the limited partner and Urstadt Property Company, Inc. (a Delaware corporation of which Mr. Urstadt is a controlling shareholder) (?UPCO?) is the general partner. On January 2, 2008, restrictions applicable to previously reported grants totalling 85,000 restricted shares of Common Stock held by URS II lapsed resulting in URS II becoming fully vested in such shares. This resulted in no change in the number of shares held by URS II or in the number of shares beneficially owned by the Reporting Person. Pursuant to an agreement dated January 4, 2008 between UPCO, as general partner of URS II, and Mr. Urstadt, as limited partner of URS II, UPCO and Mr. Urstadt, each transferred Common Stock of the Issuer to URS II in amounts of 758 shares and 75,000 shares, respectively. These contributions had no effect on Mr. Urstadt?s beneficial ownership of Common Stock of the Issuer. Charles J. Urstadt by Thomas D. Myers as Attorney in Fact 2008-01-04