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UDR, Inc. Director's Dealing 2009

Feb 13, 2009

30426_dirs_2009-02-13_cac42f30-f19e-49e9-aff1-230300b9fedc.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UDR, Inc. (UDR)
CIK: 0000074208
Period of Report: 2008-11-19

Reporting Person: GIANNOTTI RICHARD A (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-11-19	Common Stock	J	48819	—	Acquired	259670	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-11-19	LLC Units	$0	J	32349	Disposed		Common Stock (48819)	Direct

Footnotes

F1: There is no conversion price for these securities.

F2: On November 19, 2008, the reporting person received 48,819 shares of common stock upon the conversion of 32,349 limited partnership units of United Dominion Realty, L.P. ("UDR,LP"), which the reporting person received in connection with the dissolution of UDR Out-Performance I, LLC in December 2007.

F3: There is no expiration date for these securities.