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 OF SECURITIES
                                                                                  
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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(f) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

DOUGLASS ROBERT R
2. Issuer Name and Ticker or Trading Symbol

URSTADT BIDDLE PROPERTIES INC [ UBA ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

__ X __ Director                      _____ 10% Owner
_____ Officer (give title below)      _____ Other (specify below)
(Last)          (First)          (Middle)

85 PECKSLAND ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

3/26/2008
(Street)

GREENWICH, CT 06831
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. 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
Class A Common Stock   3/26/2008     X    1953   A $9.281   36043   (1) I   See footnote   (2)

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Trans. Date 3A. Deemed Execution Date, if any 4. Trans. 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 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 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
Exercise of Option to buy Class A Common Stock   $9.281   3/26/2008           1953    4/1/1999   4/1/2008   Class A Common Stock   1953     (3) 1000   D    

Explanation of Responses:
( 1)  This figure includes 3,800 restricted shares of Class A Common Stock issued pursuant to the Issuer's Amended and Restated Restricted Stock Aware Plan.
( 2)  The Reporting Person is the direct beneficial owner of 32,543 shares of Class A Common Stock, including the 3,800 restricted shares referenced in footnote (1). He is the indirect beneficial owner of 3,500 shares of Class A Common Stock, of which 500 shares are owned by the Trust established under the Will of Henry T. Luria, deceased September 20, 1977 (of which the Reporting Person's wife is the life beneficiary and the Reporting Person, Linda L. Douglass and Andrew Douglass are co-trustees) and 3,000 shares are owned by the Trust established under the Will of Frances B. Douglass, deceased January 4, 2002 (of which the Reporting Person is the life beneficiary and co-trustee).
( 3)  Intentionally left blank.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
DOUGLASS ROBERT R
85 PECKSLAND ROAD
GREENWICH, CT 06831
X



Signatures
Robert R. Douglass by Thomas D. Myers as Attorney in Fact 3/28/2008
** 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.
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