Robert C. Milton - 12 May 2025 Form 4 Insider Report for Urban Edge Properties (UE)

Role: General Counsel and Secretary
Signature: /s/ Robert C. Milton III
Issuer symbol: UE
Transactions as of: 12 May 2025
Net transactions value: -$488,405
Form type: 4
Filing time: 14 May 2025, 16:32:40 UTC
Previous filing: 26 Feb 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Milton Robert C	General Counsel and Secretary	C/O URBAN EDGE PROPERTIES, 12 EAST 49TH STREET, 44TH FLOOR, NEW YORK	/s/ Robert C. Milton III	14 May 2025	0001518163

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UE	Common Shares	Conversion of derivative security	$0	+26,000		$0.000000	26,000	12 May 2025	Direct	F1
transaction	UE	Common Shares	Sale	$488,405	-26,000	-100%	$18.78	0	13 May 2025	Direct	F2

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	LTIP Units (2021 LTI Perf.)	Conversion of derivative security	$0	-1,319	-100%	$0.000000	0	12 May 2025	Common Shares	1,319		Direct	F3
transaction	UE	LTIP Units (2021 LTI Time)	Conversion of derivative security	$0	-1,647	-100%	$0.000000	0	12 May 2025	Common Shares	1,647		Direct	F4
transaction	UE	LTIP Units (2022 LTI Perf.)	Conversion of derivative security	$0	-9,898	-100%	$0.000000	0	12 May 2025	Common Shares	9,898		Direct	F5
transaction	UE	LTIP Units (2022 LTI Time)	Conversion of derivative security	$0	-13,136	-100%	$0.000000	0	12 May 2025	Common Shares	13,136		Direct	F6

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

Explanation of Responses:

Id	Content
F1	26,000 LTIP units ("LTIP Units") in Urban Edge Properties LP (the "Partnership"), of which 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.
F2	The range of prices for the transaction reported on this line was $18.65 to $19.04. The weighted average price was $18.7848. 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.
F3	Represents LTIP Units in the Partnership granted pursuant to the Urban Edge Properties 2021 long-term incentive plan under the Urban Edge Properties 2015 Omnibus Plan (the "Omnibus Plan"). 50% of the LTIP Units vested on February 22, 2024, 25% of the LTIP Units vested on February 9, 2025 and 25% of the LTIP Units will vest on February 9, 2026, subject to continued employment through such date.
F4	Represents LTIP Units in the Partnership granted pursuant to the Urban Edge Properties 2021 long-term incentive plan under the Omnibus Plan. The LTIP Units vested ratably over three years, with the initial vesting having occurred on February 10, 2022.
F5	Represents LTIP Units in the Partnership granted pursuant to the Urban Edge Properties 2022 long-term incentive plan under the Omnibus Plan. 50% of the LTIP Units vested on February 11, 2025 and 25% will vest on each of February 11, 2026 and February 11, 2027, subject to continued employment through such dates.
F6	Represents LTIP Units in the Partnership granted pursuant to the Urban Edge Properties 2022 long-term incentive plan under the Omnibus Plan. The LTIP Units vested ratably over three years, with the initial vesting having occurred on February 11, 2023.