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SUN COMMUNITIES INC Director's Dealing 2019

Mar 14, 2019

30378_dirs_2019-03-14_9c6912d0-5d6d-4c58-86d8-1a1eea196ec6.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: 2019-03-12

Reporting Person: SHIFFMAN GARY A (Director, Chairman & CEO)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2019-03-12 COMMON STOCK, $0.01 PAR VALUE J 28192 Acquired 1418466 Direct
2019-03-12 COMMON STOCK, $0.01 PAR VALUE S 12859 $117.84 Disposed 0 Indirect

Holdings (Non-Derivative)

Security Shares Ownership
COMMON STOCK, $0.01 PAR VALUE 86810 Indirect

Footnotes

F1: Represents the receipt of the issuer's common stock by virtue of a pro rata distribution to the reporting person for no additional consideration, representing a change of ownership from indirect to direct. Prior reports of the reporting person reported indirect beneficial ownership of 84,584 shares of the issuer's common stock, but disclaimed beneficial ownership to the extent of his pecuniary interest therein. The reporting person's pecuniary interest in the LLC was only to the extent of 28,192 shares of the issuer's common stock.

F2: Represents a redemption of the reporting person's interest in two LLCs, which LLCs in the aggregate owned 257,179 shares of the issuer's common stock. The reporting person's aggregate pecuniary interest in the issuer's common stock held by the two LLC's was 12,859 shares. The reporting person no longer is a member or manager of these two LLCs or the LLC referenced in footnote 1 and therefore has no remaining pecuniary interest in such LLCs.

F3: Owned by irrevocable trust of which the reporting person is not a trustee.