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SUN COMMUNITIES INC — Director's Dealing 2020
Mar 26, 2020
30378_dirs_2020-03-26_a8ca017d-8f34-4202-875d-c65e1ccae84d.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: 2020-03-24
Reporting Person: SHIFFMAN GARY A (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2020-03-24 | COMMON STOCK, $0.01 PAR VALUE | G | 600000 | — | Disposed | 768184 | Direct |
| 2020-03-24 | COMMON OPERATING PARTNERSHIP UNITS | G | 600000 | — | Acquired | 600000 | Indirect |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| COMMON STOCK, $0.01 PAR VALUE | 86810 | Indirect |
Footnotes
F1: On March 24, 2020, the reporting person contributed 600,000 shares of Sun Communities, Inc.'s common stock, $0.01 par value, to a grantor retained annuity trust of which the reporting person is not a trustee. The reporting person is the only beneficiary during the term of the grantor retained annuity trust. At the end of the annuity term, the remaining property in the grantor retained annuity trust will be distributed to a trust for the benefit of the reporting person's spouse and descendants of which the reporting person is not a trustee.
F2: Shares held by the grantor retained annuity trust described in footnote 1 of which the reporting person is not a trustee. At the end of the annuity term, the remaining property in the grantor retained annuity trust will be distributed to a trust for the benefit of the reporting person's spouse and descendants of which the reporting person is not a trustee.
F3: Owned by irrevocable trust of which the reporting person is not a trustee.