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UDR, Inc. Director's Dealing 2010

Jul 7, 2010

30426_dirs_2010-07-07_3667479c-06fd-4eda-890a-c165742fa820.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: 2010-07-07

Reporting Person: AKIN MATTHEW T (Senior Vice President)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2010-07-07 Common Stock M 6535 Acquired 59085 Direct

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2010-07-07 Units of Partnership Interest $ M 6535 Disposed Common Stock (6535) Direct

Footnotes

F1: The shares of common stock were issued to the reporting person upon the reporting person's redemption of 6,535 limited partnership units of United Dominion Realty, L.P.

F2: There is no conversion price for the limited partnership units of United Dominion Realty, L.P. The shares of common stock were issued to the reporting person on a one-for-one basis upon redemption of 6,535 limited partnership units of United Dominion Realty, L.P.

F3: Represents limited partnership units of United Dominion Realty, L.P. As previously reported, the reporting person, as a holder of limited liability company interests in UDR Out-Performance I, LLC, received the limited partnership units of United Dominion Realty, L.P. in connection with the dissolution of UDR Out-Performance I, LLC in December 2007. The Issuer may issue shares of its common stock on a one-for-one basis upon redemption of the limited partnership units of United Dominion Realty, L.P. by the holder of such units.

F4: There is no conversion price for these securities.

F5: There is no expiration date for these securities.