UDR, Inc. — Director's Dealing 2014

Jul 11, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UDR, Inc. (UDR)
CIK: 0000074208
Period of Report: 2014-07-10

Reporting Person: Troupe Warren L (Senior Exec VP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-07-10	Common Stock	M	63885.0000	$10.0600	Acquired	635311.0000	Direct
2014-07-10	Common Stock	S	63885.0000	$28.5001	Disposed	571426.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-07-10	Stock Options (Right to buy)	$10.0600	M	63885.0000	Disposed	2019-02-12	Common Stock (63885.0000)	Direct

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.50 to $28.505, inclusive. The reporting person undertakes to provide to UDR, Inc., any security holder of UDR, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.