UDR, Inc. — Director's Dealing 2018

Aug 2, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UDR, Inc. (UDR)
CIK: 0000074208
Period of Report: 2018-07-31

Reporting Person: TOOMEY THOMAS W (Director, Chairman, CEO and President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-07-31	Common Stock	M	840000.0000	$10.0600	Acquired	1956367.0000	Direct
2018-07-31	Common Stock	F	3896.0000	$38.4800	Disposed	1952471.0000	Direct
2018-07-31	Common Stock	F	483718.0000	$38.4800	Disposed	1468753.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-07-31	Stock Options (Right to buy)	$10.0600	M	840000.0000	Disposed	2019-02-12	Common Stock (840000.0000)	Direct

Footnotes

F1: Reflects the disposition of 3,023 shares at $39.10 per share on November 1, 2017 in connection with exercise of stock options that was not previously reported.

F2: Represents shares of Common Stock withheld to satisfy the reporting person's obligation to pay the exercise price and tax withholding obligation upon the exercise of the stock options. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).