- Accession Number:
- Form Type:
- Zero Holdings:
- Publication Time:
- 2019-03-04 17:30:51
- Reporting Period:
- Accepted Time:
- 2019-03-04 17:30:51
- SEC Url:
- Form 4 Filing
|Cik||Name||Reported Address||Insider Title||Director||Officer||Large Shareholder||Other|
|904503||Steven Roth||C/o Vornado Realty Trust |
888 7Th Avenue
New York NY 10019
|Sec. Name||Acquisiton - Disposition||Date||Amount||Price||Remaning Holdings||Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|Common Shares, $0.01 Par Value (The "common Shares")||Acquisiton||2019-02-28||5,717,184||$0.00||5,717,184||No||4||C||Indirect||By Vornado Realty L.P.|
|Common Shares||Disposition||2019-02-28||5,717,184||$18.98||0||No||4||S||Indirect||By Vornado Realty L.P.|
|Equity Swap Involved||Form Type||Code||Nature of Ownership||Explanation|
|No||4||C||Indirect||By Vornado Realty L.P.|
|No||4||S||Indirect||By Vornado Realty L.P.|
|Sec. Name||Sec. Type||Acquisiton - Disposition||Date||Amount||Price||Amount - 2||Price - 2|
|Common Shares||Common Limited Parnership Units of Urban Edge Properties LP||Disposition||2019-02-28||5,717,184||$0.00||5,717,184||$0.00|
|Remaning Holdings||Exercise Date||Expiration Date||Equity Swap Involved||Transaction Form Type||Transaction Code||Nature of Ownership|
|Sec. Name||Remaning Holdings||Nature of Ownership||Explanation|
|Common Shares||2,802,526||Indirect||Held by partnership|
|Common Shares||1,936||Indirect||Held by foundation|
|Common Shares||18,649||Indirect||Held by spouse|
- On February 28, 2019, Vornado Realty L.P. ("VRLP") redeemed 5,717,184 Common Limited Partnership Units of Urban Edge Properties LP (the "Units"), the operating partnership of Urban Edge Properties (the "Issuer"). The Units have no expiration date and are redeemable for an equal number of the Issuer's common shares, par value $.01 per share (the "Common Shares") , or cash equal to the fair market value of such Common Shares. The Issuer elected to deliver 5,717,184 Common Shares in a transaction exempt from Section 16(b) pursuant to the rules thereunder.
- Mr. Roth is the chief executive officer, a trustee and the Chairman of the Board of Trustees of Vornado Realty Trust ("Vornado"), which is the general partner of VRLP. Mr. Roth was elected to the board of trustees of the Issuer on January 14, 2015 and re-elected most recently on May 9, 2018. As the chief executive officer and a trustee of Vornado, Mr. Roth may be deemed to have a pecuniary interest in certain of the Common Shares beneficially owned by Vornado and VRLP. Mr. Roth disclaims any beneficial ownership of such Common Shares.
- These Common Shares are held by Interstate Properties, a New Jersey general partnership of which Mr. Roth is the managing general partner. The filing of this Form 4 shall not be deemed an admission that Mr. Roth is the beneficial owner of these 2,801,774 Common Shares, except to the extent of his pecuniary interest.
- These Common Shares are held by the Daryl and Steven Roth Foundation, a charitable foundation over which Mr. Roth holds sole voting and investment power. Mr. Roth disclaims any pecuniary interest in these Common Shares.
- These Common Shares are held by Mr. Roth's spouse. The filing of this Form 4 shall not be deemed an admission that Mr. Roth is the beneficial owner of these Common Shares.