0001225208-24-002851.txt : 20240223 0001225208-24-002851.hdr.sgml : 20240223 20240223173506 ACCESSION NUMBER: 0001225208-24-002851 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240222 FILED AS OF DATE: 20240223 DATE AS OF CHANGE: 20240223 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Milton Robert C. III CENTRAL INDEX KEY: 0001518163 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-36523 FILM NUMBER: 24672814 MAIL ADDRESS: STREET 1: C/O CIFC CORP. STREET 2: 250 PARK AVENUE, 4TH FLOOR CITY: NEW YORK STATE: NY ZIP: 10177 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: Urban Edge Properties CENTRAL INDEX KEY: 0001611547 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 476311266 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 210 ROUTE 4 EAST CITY: PARAMUS STATE: NJ ZIP: 07652 BUSINESS PHONE: 201-587-1000 MAIL ADDRESS: STREET 1: 210 ROUTE 4 EAST CITY: PARAMUS STATE: NJ ZIP: 07652 FORMER COMPANY: FORMER CONFORMED NAME: Vornado SpinCo DATE OF NAME CHANGE: 20140623 4 1 doc4.xml X0508 4 2024-02-22 0001611547 Urban Edge Properties UE 0001518163 Milton Robert C. III C/O URBAN EDGE PROPERTIES 210 ROUTE 4 EAST PARAMUS NJ 07652 1 General Counsel and Secretary 0 LTIP Units 2024-02-22 4 A 0 5277.0000 0.0000 A Common Shares 5277.0000 5277.0000 D Represents LTIP Units granted pursuant to the issuer's 2015 Omnibus Share Plan that have been earned following the achievement of certain relative and absolute total shareholder return metrics over the three-year period ending February 9, 2024, as determined by the compensation committee of the issuer on February 22, 2024. Conditioned upon minimum allocations to the absolute and capital accounts of the LTIP Units for federal income tax purposes and vesting, each LTIP Unit may be converted, at the election of the holder, into a Common Partnership Unit (a "Common Unit") in Urban Edge Properties LP. Each Common Unit acquired upon conversion of an LTIP Unit may be converted into one Common Share of the issuer. The right to convert LTIP Units into Common Units and to convert Common Units into Common Shares do not have expiration dates. 50% of the LTIP Units are immediately vested and 25% will vest on each of February 9, 2025 and February 9, 2026, respectively, subject to continued employment through such dates. /s/ Robert C. Milton III 2024-02-23