AI assistant
SUN COMMUNITIES INC — Director's Dealing 2023
Feb 9, 2023
30378_dirs_2023-02-08_46316be9-c971-4c68-baf4-5bc15949007d.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 5 — Annual Statement of Changes in Beneficial Ownership
Issuer: SUN COMMUNITIES INC (SUI)
CIK: 0000912593
Period of Report: 2022-12-31
Reporting Person: Underwood Baxter (CEO - Safe Harbor Marinas, LLC)
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2022-11-07 | SERIES H PREFERRED OPERATING PARTNERSHIP UNITS | $ | G | 61703 | Disposed | COMMON STOCK, $0.01 PAR VALUE (37623.0) | Indirect |
Holdings (Derivative)
| Security | Exercise Price | Expiration | Underlying | Shares | Ownership |
|---|---|---|---|---|---|
| SERIES H PREFERRED OPERATING PARTNERSHIP UNITS | $ | COMMON STOCK, $0.01 PAR VALUE (12540.0) | 20567 | Indirect | |
| SERIES H PREFERRED OPERATING PARTNERSHIP UNITS | $ | COMMON STOCK, $0.01 PAR VALUE (18850.0) | 30343 | Direct |
Footnotes
F1: Issued by the Issuer's operating partnership, Sun Communities Operating Limited Partnership.
F2: Each series H Preferred OP Unit can be exchanged for a number of shares of the Issuer's common stock equal to the quotient obtained by dividing $100.00 by $164.00 (as such ratio is subject to adjustments for certain capital events) at the holder's option and have no expiration date.
F3: Owned by a family limited partnership. On November 7, 2022, the family limited partnership transferred all the Series H Preferred OP Units that it held to various trusts. 20,567 of such Series H Preferred OP Units were transferred to an irrevocable trust of which the reporting person is a trustee and a beneficiary.