X0306 4 2016-02-08 0001611547 Urban Edge Properties UE 0001374811 Olson Jeffrey S C/O URBAN EDGE PROPERTIES 210 ROUTE 4 EAST PARAMUS NJ 07652 1 1 Chairman of the Board & CEO Common Shares 2016-02-08 4 A 0 21263.0000 23.5150 A 21263.0000 D Stock Options (Right to Buy) 23.5150 2016-02-08 4 A 0 140056.0000 A 2026-02-07 Common Shares 140056.0000 140056.0000 D These common shares of beneficial interest, par value $0.01 ("Common Shares") of Urban Edge Properties were issued as "Restricted Stock" under the terms of the Urban Edge Properties 2015 Omnibus Share Plan (the "Plan"). These shares vest ratably over four years subject to continued employment through each vesting date with the initial vesting occurring on February 8, 2017. On February 8, 2016, the reporting person received a grant pursuant to the Plan of options to purchase Common Shares. The options vest ratably over four years, subject to continued employment through each vesting date, with the initial vesting occurring on February 8, 2017. /s/ Jeffrey Olson 2016-02-10