UDR, Inc. — Director's Dealing 2012

Mar 15, 2012

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UDR, Inc. (UDR)
CIK: 0000074208
Period of Report: 2012-03-14

Reporting Person: MESSENGER DAVID L (Senior Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2012-03-14	Common Stock	M	9393.0000	$25.1000	Acquired	133235.0000	Direct
2012-03-14	Common Stock	M	5413.0000	$13.7400	Acquired	138648.0000	Direct
2012-03-14	Common Stock	S	7306.0000	$26.0030	Disposed	131342.0000	Direct
2012-03-14	Common Stock	S	7500.0000	$26.0090	Disposed	123842.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2012-03-14	Stock Options (Right to buy)	$25.1000	M	9393.0000	Disposed	2015-03-31	Common Stock (9393.0000)	Direct
2012-03-14	Stock Options (Right to buy)	$13.7400	M	5413.0000	Disposed	2012-10-25	Common Stock (5413.0000)	Direct