UDR, Inc. — Director's Dealing 2010

Jan 11, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UDR, Inc. (UDR)
CIK: 0000074208
Period of Report: 2010-01-08

Reporting Person: SAGALYN LYNNE B (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-01-08	Common Stock	A	5552	$16.21	Acquired	70571	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1296	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options (Right to buy)	$9.99	2011-01-02	Common Stock (16292)	16292	Direct
Stock Options (Right to buy)	$13.15	2012-02-08	Common Stock (5949)	5949	Direct

Footnotes

F1: The stock options reported by the reporting person on this Form 4 reflect stock options previously reported by the reporting person with adjustments to the exercise price and number of shares as a result of the special dividend declared on November 10, 2008, and paid January 29, 2009, to all stockholders of record on December 9, 2008.