Willing L Biddle Form 4 URSTADT BIDDLE PROPERTIES / WILLING L BIDDLE ownership change

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:	3235-0287
Estimated average burden
hours per response:	0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

BIDDLE WILLING L

(Last) (First) (Middle)

53 ELMWOOD ROAD

(Street)

SOUTH SALEM NY 10590

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
URSTADT BIDDLE PROPERTIES INC [ UBP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
President and CEO

3. Date of Earliest Transaction (Month/Day/Year)
04/28/2017

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/28/2017		P		605	A	$16.8998(1)	289,735	I	See footnote(2)
Common Stock								2,273,338	D(3)
Common Stock								32,312	I	See footnote(4)
Common Stock								294,673	I	See footnote(5)
Common Stock								5,163	I	See footnote(6)
Common Stock								1,070	I	See footnote(7)
Common Stock								21,000	I	See footnote(8)
Common Stock								2,267	I	See footnote(9)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents a weighted average price per share. These shares were purchased in multiple transactions ranging from $16.88 to $16.90, inclusive. The reporting person undertakes to provide, upon request by the staff of the U.S. Securities and Exchange Commission, the Company or security holder of the Company, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.

2. Shares held by Willing L. Biddle 2012 Dynasty Trust.

3. Shares held by the reporting person, of which 990,000 are restricted shares issued to him pursuant to the Company's Restricted Stock Award Plan.

4. Shares held by Catherine U. Biddle, spouse of the reporting person, of which 4,100 are restricted shares issued to Mrs. Biddle pursuant to the Issuer's Restricted Stock Award Plan.

5. Shares held by Catherine U. Biddle 2012 Dynasty Trust.

6. Shares held by Willing L. Biddle Inherited IRA.

7. Shares held by Charles Biddle Trust.

8. Shares held by Shares held by Trust UW PTB Art 4.1.

9. Shares held by Excess Benefit and Deferred Compensation Plan of 2005, of which the Reporting Person is a participant.

	/s/ Willing L. Biddle	05/01/2017
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.