Olson Jeffrey S's Form 4 filing
Urban Edge Properties (UE) · filed Feb 18, 2025
- Accession no.
- 0001225208-25-001873
- Filed
- Feb 18, 2025
- Trade date
- Feb 13-18, 2025
- Filing delay
- 5 days
- Rule 10b5-1 plan
- Not checked
This filing lists 3 non-derivative transactions and 7 derivative transactions. Open-market sales total $6.23M. It was filed 5 days after the trade.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Olson Jeffrey SCIK 0001374811 | Director, Officer (Chairman of the Board & CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 13, 2025 | Common Shares | CConversionAcquired | +300,000 | $0.00F1 | $0 | 301,930.8 | Direct | |
| Feb 14, 2025 | Common Shares | SSaleDisposed | −177,802 | $20.95F3 | −$3,724,951.9 | 124,128.8 | Direct | |
| Feb 18, 2025 | Common Shares | SSaleDisposed | −122,198 | $20.54F4 | −$2,509,946.92 | 1,930.8 | Direct |
Derivative securities (Table II)
Options, warrants, restricted stock units and similar. Shares are the underlying shares; price and value are for the derivative itself, and the holding after is in derivative units.
| Trade date | Security | Transaction | Underlying shares | Unit price | Value | Held after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Feb 13, 2025 | Common Shares | CConversionDisposed | −79,937 | $0.00 | $0 | 0 | Direct | |
| Feb 13, 2025 | Common Shares | CConversionDisposed | −30,710 | $0.00 | $0 | 0 | Direct | |
| Feb 13, 2025 | Common Shares | CConversionDisposed | −13,485 | $0.00 | $0 | 0 | Direct | |
| Feb 13, 2025 | Common Shares | CConversionDisposed | −34,047 | $0.00 | $0 | 0 | Direct | |
| Feb 13, 2025 | Common Shares | CConversionDisposed | −28,754 | $0.00 | $0 | 0 | Direct | |
| Feb 13, 2025 | Common Shares | CConversionDisposed | −70,799 | $0.00 | $0 | 0 | Direct | |
| Feb 13, 2025 | Common Shares | CConversionDisposed | −42,268 | $0.00 | $0 | 49,032 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
300,000 LTIP units ("LTIP Units") in Urban Edge Properties LP (the "Partnership"), of which Urban Edge Properties (the "Issuer") is the sole general partner, were exchanged for an equal number of Common Partnership Units ("Common Units") in the Partnership, which were subsequently redeemed for an equal number of common shares of beneficial interest, par value $0.01 ("Common Shares") of the Issuer. Following this conversion, Mr. Olson will own over 1.9 million LTIP Units across numerous tranches of LTIP Unit issuances.
Referenced by the price of 1 transaction in Table I.
- F3
The range of prices for the transaction reported on this line was $20.68 to $21.68. The weighted average price was $20.9509. The reporting person will provide, upon request by the SEC, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 1 transaction in Table I.
- F4
The range of prices for the transaction reported on this line was $20.44 to $20.72. The weighted average price was $20.535. The reporting person will provide, upon request by the SEC, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Referenced by the price of 1 transaction in Table I.