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SUN COMMUNITIES INC — Director's Dealing 2021
Mar 19, 2021
30378_dirs_2021-03-19_84999fef-eb9a-4f06-b503-b72a867cdb87.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: 2021-03-17
Reporting Person: SHIFFMAN GARY A (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-03-17 | COMMON STOCK, $0.01 PAR VALUE | A | 85000 | $151.89 | Acquired | 833549 | Direct |
| 2021-03-17 | COMMON STOCK, $0.01 PAR VALUE | A | 10000 | $151.89 | Acquired | 843549 | 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: Restricted stock. 34,000 of the shares are subject to time vesting and vest as follows: 6,800 shares vest on March 17, 2022; 6,800 shares vest on March 17, 2023; 6,800 shares vest on March 17, 2024; 6,800 shares vest on March 17, 2025; and 6,800 shares vest on March 17, 2026. 51,000 of the shares are subject to performance vesting based on certain market and financial performance criteria.
F2: Restricted stock. 5,000 of the shares are subject to time vesting and vest as follows: 1,666 shares vest on March 17, 2022; 1,667 shares vest on March 17, 2023; 1,667 shares vest on March 17, 2023. 5,000 of the shares are subject to performance vesting based on certain market and financial performance criteria.
F3: 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.
F4: Owned by irrevocable trust of which the reporting person is not a trustee.
F5: Owned by irrevocable trust of which the reporting person is a trustee and the reporting person's spouse is a beneficiary.