Urban Edge Properties — Director's Dealing 2025

Feb 26, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: Urban Edge Properties (UE)
CIK: 0001611547
Period of Report: 2025-02-25

Reporting Person: Milton Robert C (General Counsel and Secretary)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2025-02-25	LTIP Units (2022 LTI Perf.)	$	A	19796.0000	Acquired		Common Shares (19796.0000)	Direct

Footnotes

F1: Represents LTIP Units granted pursuant to the issuer's 2015 Omnibus Share Plan that have been earned following the achievement of certain performance metrics over the three-year period ending February 10, 2025, as determined by the compensation committee of the issuer on February 25, 2025. Conditioned upon minimum allocations to the absolute and 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.

F2: 50% of the LTIP Units are immediately vested and 25% will vest on each of February 11, 2026 and February 11, 2027, respectively, subject to continued employment through such dates.

F3: Includes 4,797 of the LTIP Units (2022 LTI Perf.) that were previously reported on a Form 4 filed by the Reporting Person with the Securities and Exchange Commission on February 15, 2022, which were also determined to be earned.