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SUN COMMUNITIES INC — Director's Dealing 2019
Mar 22, 2019
30378_dirs_2019-03-22_546b23bf-15c6-4ffd-b594-c837f045db41.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: SUN COMMUNITIES INC (SUI)
CIK: 0000912593
Period of Report: 2019-03-20
Reporting Person: McLaren John Bandini (Pres & COO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-03-20 | COMMON STOCK, $0.01 PAR VALUE | F | 3751 | $115.39 | Disposed | 123362 | Direct |
| 2019-03-20 | COMMON STOCK, $0.01 PAR VALUE | G | 1271 | — | Disposed | 122091 | Direct |
| 2019-03-20 | COMMON STOCK, $0.01 PAR VALUE | A | 25000 | — | Acquired | 147091 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| COMMON STOCK, $0.01 PAR VALUE | 100 | Indirect |
| COMMON STOCK, $0.01 PAR VALUE | 100 | Indirect |
| COMMON STOCK, $0.01 PAR VALUE | 100 | Indirect |
| COMMON STOCK, $0.01 PAR VALUE | 21394 | Indirect |
| COMMON STOCK, $0.01 PAR VALUE | 10 | Indirect |
Footnotes
F1: Included in the gift of 1,271 shares of the issuer's common stock, the reporting person gifted 100 shares each to his two sons and one daughter, who share the same household as the reporting person.
F2: Restricted stock. 10,000 of the shares are subject to time vesting and vest as follows: 2,000 shares vest on March 20, 2020; 2,000 shares vest on March 20, 2021; 2,000 shares vest on March 20, 2022; 2,000 shares vest on March 20, 2023 and 2,000 shares vest on March 20, 2024. 15,000 of the shares are subject to performance vesting based on certain market performance criteria.