SUN COMMUNITIES INC — Director's Dealing 2021

May 26, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: SUN COMMUNITIES INC (SUI)
CIK: 0000912593
Period of Report: 2021-05-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-05-24	COMMON STOCK, $0.01 PAR VALUE	S	32422	$167.63	Disposed	798406	Direct
2021-05-25	COMMON STOCK, $0.01 PAR VALUE	S	39778	$168.11	Disposed	758628	Direct
2021-05-25	COMMON STOCK, $0.01 PAR VALUE	S	800	$168.53	Disposed	757828	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
COMMON STOCK, $0.01 PAR VALUE	460060	Indirect
COMMON STOCK, $0.01 PAR VALUE	86810	Indirect
COMMON STOCK, $0.01 PAR VALUE	16671	Indirect
COMMON STOCK, $0.01 PAR VALUE	76000	Indirect

Footnotes

F1: The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $167.25 to $168.14, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F2: The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $167.44 to $168.44, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F3: The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $168.47 to $168.56, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

F4: Owned by 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.

F5: Owned by irrevocable trust of which the reporting person is not a trustee.

F6: Owned by irrevocable trust of which the reporting person is a trustee and the reporting person's spouse is a beneficiary.