Transaction Details

Footnotes

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. | 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. | 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. | 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. | 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. | 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.