AI assistant
SUN COMMUNITIES INC — Director's Dealing 2022
Mar 4, 2022
30378_dirs_2022-03-04_f989a678-7ce5-4461-b0e2-83a0986cac6c.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4/A — Form 4/A
Issuer: SUN COMMUNITIES INC (SUI)
CIK: 0000912593
Period of Report: 2021-11-01
Reporting Person: SHIFFMAN GARY A (Director, Chairman & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-11-01 | COMMON STOCK, $0.01 PAR VALUE | J | 233417 | $193.42 | Disposed | 940253 | Direct |
Footnotes
F1: On November 2, 2021, the reporting person filed a Form 4 which inadvertently reported this transaction as an open market or private purchase. In fact, as reported in this amendment, the transaction should have been reported as an "other acquisition or disposition".
F2: The reporting person transferred shares of common stock to a grantor retained annuity trust in exchange for assets of equal value, as permitted by the trust agreement. This transaction was for estate planning purposes. The reporting person is not a trustee of the grantor retained annuity trust. 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.