Heather Ohlberg - Jun 1, 2025 Form 4 Insider Report for Urban Edge Properties (UE)

Signature
/s/ Heather Ohlberg
Stock symbol
UE
Transactions as of
Jun 1, 2025
Transactions value $
$0
Form type
4
Date filed
6/3/2025, 04:41 PM
Previous filing
Jan 4, 2024

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Ohlberg Heather EVP, General Counsel & Sec. C/O URBAN EDGE PROPERTIES, 12 EAST 49TH STREET, 44TH FLOOR, NEW YORK /s/ Heather Ohlberg 2025-06-03 0001812427

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 2025 LTIP Units Award $0 +20.7K $0.00 20.7K Jun 1, 2025 Common Shares 20.7K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These LTIP Units ("LTIP Units") of Urban Edge Properties LP ("UELP"), the operating partnership of Urban Edge Properties ("UE"), were issued under the Urban Edge Properties 2024 Omnibus Share Plan. LTIP Units are a class of units of UELP that, following the occurrence of certain events and upon vesting, are convertible by the holder into an equivalent number of Common Partnership Units of UELP ("Common Units"). Common Units are redeemable by the holder for cash or, at UE's election, common shares, par value $0.01 ("Common Shares") of UE on a one-for-one basis or the cash value of such shares. LTIP Units are generally not convertible without the consent of the Issuer until two years from the date of the grant. The right to convert LTIP Units into Common Units and to convert Common Units into Common Shares do not have expiration dates.
F2 The LTIP Units vest ratably over three years, subject to continued employment through each vesting date, with the initial vesting occurring on June 1, 2026.