STEVEN H. GRAPSTEIN - 10 Jun 2022 Form 4 Insider Report for Urban Edge Properties (UE)

Role: Director
Signature: /s/ Robert C. Milton III under POA
Issuer symbol: UE
Transactions as of: 10 Jun 2022
Net transactions value: $0
Form type: 4
Filing time: 14 Jun 2022, 17:05:47 UTC
Previous filing: 07 May 2021
Next filing: 05 May 2023
SEC: View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	UE	Deferred Stock Units	Award	$0	+8,645		$0.000000	8,645	10 Jun 2022	Common Shares	8,645		Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These Deferred Stock Units ("DSUs") of Urban Edge Properties (the "Company") were issued under the Urban Edge Properties 2015 Omnibus Share Plan. The DSUs entitle the reporting person to an equivalent number of shares of Common Stock of the Company without the payment of any consideration.
F2	These DSUs vest on May 3, 2023 (subject to the reporting person continuing to serve on the Company's Board of Trustees until such date), with one-fifth of the Common Stock underlying the DSUs deliverable on the first business day of the year immediately following the year the reporting person ceases to serve on the Company's Board of Trustees and an additional one-fifth of the DSUs deliverable on each anniversary thereafter for four years.

Content

These Deferred Stock Units ("DSUs") of Urban Edge Properties (the "Company") were issued under the Urban Edge Properties 2015 Omnibus Share Plan. The DSUs entitle the reporting person to an equivalent number of shares of Common Stock of the Company without the payment of any consideration.

These DSUs vest on May 3, 2023 (subject to the reporting person continuing to serve on the Company's Board of Trustees until such date), with one-fifth of the Common Stock underlying the DSUs deliverable on the first business day of the year immediately following the year the reporting person ceases to serve on the Company's Board of Trustees and an additional one-fifth of the DSUs deliverable on each anniversary thereafter for four years.