UDR, Inc. — Director's Dealing 2012

Jul 10, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UDR, Inc. (UDR)
CIK: 0000074208
Period of Report: 2012-06-08

Reporting Person: CULWELL MARK M (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-06-08	Common Stock	S	6297	$25.88	Disposed	37220	Direct
2012-07-06	Common Stock	X	2000	$25	Disposed	35220	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-06-15	Call Option (obligation to sell)	$25	S	20	Disposed	2012-07-21	Common Stock (2000)	Direct
2012-07-06	Call Option (obligation to sell)	$25	X	20	Disposed	2012-07-21	Common Stock (2000)	Direct