Jennifer Holmes - Feb 28, 2022 Form 4 Insider Report for Urban Edge Properties (UE)

Role: Chief Accounting Officer
Signature: /s/ Robert C. Milton III under POA
Stock symbol: UE
Transactions as of: Feb 28, 2022
Transactions value $: -$8,834
Form type: 4
Date filed: 3/2/2022, 06:29 PM
Previous filing: Feb 15, 2022
Next filing: Apr 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	UE	Common Shares	Tax liability	-$8.83K	-485	-2.2%	$18.22	21.5K	Feb 28, 2022	Direct	F1, 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	Award	$0	+2.65K		$0.00	2.65K	Mar 2, 2022	Common Shares	2.65K		Direct	F3

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

Explanation of Responses:

Id	Content
F1	Represents common shares of beneficial interest par value $0.01 ("Common Shares") disposed to Urban Edge Properties, the issuer, to satisfy withholding taxes related to vesting Restricted Stock issued under the Urban Edge Properties 2015 Omnibus Share Plan (the "Omnibus Share Plan").
F2	Total includes Common Shares purchased, if any, through the issuer's employee stock purchase plan and dividend reinvestment plan.
F3	Represents LTIP Units granted pursuant to the issuer's 2015 Omnibus Share Plan that have been earned following the achievement of certain relative total shareholder return goals over the three-year period ending February 25, 2022, as determined by the compensation committee of the issuer on March 2, 2022. Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes and vesting, each LTIP Unit may be converted, at the election of the holder, into a Common Partnership Unit (a "Common Unit") in Urban Edge Properties LP. Each Common Unit acquired upon conversion of an LTIP Unit may be converted into one Common Share of the issuer. The right to convert LTIP Units into Common Units and to convert Common Units into Common Shares do not have expiration dates. 50% of the LTIP Units vested on March 2, 2022 and 25% will vest on each of February 27, 2023 and February 27, 2024, respectively, subject to continued employment through such dates.