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UDR, Inc. Director's Dealing 2010

Feb 12, 2010

30426_dirs_2010-02-12_7be37092-e33f-4d87-aebb-08d49891e7f8.zip

Director's Dealing

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SEC Form 4/A — Form 4/A

Issuer: UDR, Inc. (UDR)
CIK: 0000074208
Period of Report: 2003-02-28

Reporting Person: KLINGBEIL JAMES D (Director)

Derivative Transactions

Date Security Exercise Price Code Shares A/D Expiration Underlying Ownership
2003-02-28 Units of Partnershp Interest $0 J 76701 Disposed Common Stock (76701) Indirect
2005-04-18 Units of Partnership Interest $0 J 37387 Disposed Common Stock (37387) Indirect
2005-04-18 Units of Partnership Interest $0 J 11243 Acquired Common Stock (11243) Indirect

Footnotes

F1: Units represent units of limited partnership interest in United Dominion Realty, L.P. (the "Partnership"), of which Issuer is the sole general partner. Commencing 12/07/99, holders of Units generally may tender such Units to the Partnership for redemption. The Partnership and the Issuer may satisfy such redemption obligation with the issuance of shares of Common Stock of the Issuer or cash equal to the fair market value of such shares of Common Stock, at the election of the Issuer. Each Unit will initially be redeemable for one share of Common Stock. Such redemption ratio is subject to certain adjustments pursuant to the Agreement of Limited Partnership of the Partnership. The Units were issued in connection with the merger of American Apartment Communities II, Inc. with and into the Issuer and the transactions related thereto. Each Unit was valued at $14.25 in the transactions. The Units are held by certain trusts, limited partnerships and limited liability companies.

F2: Distribution from AAC Management LLC, an entity of which the reporting person is the managing member.

F3: Pro rata distribution from AAC Management LLC, of which the reporting person is the managing member.

F4: JDK-AAC LLC, of which the reporting person is the managing member, received a pro rata distribution from AAC Management LLC.

F5: No expiration date.

F6: This amendment is being filed to correct the number of Units beneficially owned following the reported transactions as reflected in the Form 4 filed June 14, 2005.