Urban Edge Properties — Director's Dealing 2021

Jan 6, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Urban Edge Properties (UE)
CIK: 0001611547
Period of Report: 2020-01-04

Reporting Person: O'Shea Kevin P. (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-04	Common Shares	M	910.0000	$12.7500	Acquired	10415.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-01-04	Deferred Stock Units	$	M	910.0000	Disposed		Common Shares (910.0000)	Direct

Footnotes

F1: This transaction relates to the settlement of the DSUs (as defined herein) by a distribution of Common Shares under the Plan (as defined herein).

F2: On May 8, 2019, an award of 4,552 DSUs previously granted on June 1, 2018 vested. As provided in the Trustee Equity Election Form, the Common Shares underlying the DSUs were not deliverable until the earlier of (i) January 1, 2020 or (ii) the first business day of the year immediately following the year the reporting person ceases to serve as a member of the Company's Board of Trustees, and will be delivered in five equal annualinstallments.

F3: Represents the value per DSU or Common Share under the Plan (as defined herein), based on the fair market value of the Common Shares on the transaction date.

F4: These Deferred Stock Units ("DSUs") of Urban Edge Properties (the "Company") were issued under the Urban Edge Properties 2015 Omnibus Share Plan (the "Plan"). The DSUs entitle the reporting person toanequivalent number of Common Shares of the Company without the payment of any consideration.

F5: No expiration date is applicable to the DSUs.