Sec Form 4 Filing - Milton Robert C @ Urban Edge Properties - 2025-05-12

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
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, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Milton Robert C
2. Issuer Name and Ticker or Trading Symbol
Urban Edge Properties [ UE]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
General Counsel and Secretary
(Last) (First) (Middle)
C/O URBAN EDGE PROPERTIES, 12 EAST 49TH STREET, 44TH FLOOR
3. Date of Earliest Transaction (MM/DD/YY)
05/12/2025
(Street)
NEW YORK, NY10017
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 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 Shares 05/12/2025 C 26,000 ( 1 ) A $ 0 ( 1 ) 26,000 D
Common Shares 05/13/2025 S 26,000 D $ 18.7848 ( 2 ) 0 D
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 (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 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
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(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 of Derivative Security: 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
LTIP Units (2021 LTI Perf.) ( 3 ) ( 3 ) 05/12/2025 C 1,319 ( 3 ) ( 3 ) Common Shares 1,319 $ 0 0 D
LTIP Units (2021 LTI Time) ( 4 ) ( 4 ) 05/12/2025 C 1,647 ( 4 ) ( 4 ) Common Shares 1,647 $ 0 0 D
LTIP Units (2022 LTI Perf.) ( 5 ) ( 5 ) 05/12/2025 C 9,898 ( 5 ) ( 5 ) Common Shares 9,898 $ 0 0 D
LTIP Units (2022 LTI Time) ( 6 ) ( 6 ) 05/12/2025 C 13,136 ( 6 ) ( 6 ) Common Shares 13,136 $ 0 0 D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Milton Robert C
C/O URBAN EDGE PROPERTIES
12 EAST 49TH STREET, 44TH FLOOR
NEW YORK, NY10017
General Counsel and Secretary
Signatures
/s/ Robert C. Milton III 05/14/2025
Signature of Reporting Person Date
Explanation of Responses:
( 1 )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.
( 2 )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.
( 3 )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.
( 4 )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.
( 5 )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.
( 6 )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.

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