UMH PROPERTIES, INC. — Director's Dealing 2017

Mar 24, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UMH PROPERTIES, INC. (UMH)
CIK: 0000752642
Period of Report: 2017-03-23

Reporting Person: LANDY SAMUEL A (Director, President and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-24	UMH Properties, Inc.	M	50000	$9.85	Acquired	543156.829	Direct
2017-03-24	UMH Properties, Inc.	M	50000	$10.08	Acquired	493156.829	Direct
2017-03-24	UMH Properties, Inc.	M	14100	$8.30	Acquired	443156.829	Direct
2017-03-24	UMH Properties, Inc.	M	10900	$9.13	Acquired	429056.829	Direct
2017-03-23	UMH Properties, Inc.	G	2200	$14.92	Disposed	418156.829	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-24	UMH Properties, Inc.	$9.85	M	50000	Disposed	2022-06-11	UMH Properties, Inc. (50000)	Direct
2017-03-24	UMH Properties, Inc.	$10.08	M	50000	Disposed	2021-06-26	UMH Properties, Inc. (50000)	Direct
2017-03-24	UMH Properties, Inc.	$9.13	M	10900	Disposed	2018-01-08	UMH Properties, Inc. (10900)	Direct
2017-03-24	UMH Properties, Inc.	$8.30	M	14100	Disposed	2018-01-08	UMH Properties, Inc. (14100)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
UMH Properties, Inc.	42599.243	Indirect
UMH Properties, Inc.	6220.64	Indirect
UMH Properties, Inc.,	48000	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
UMH Properties, Inc.	$14.25	2027-01-19	UMH Properties, Inc. (50000)	50000	Direct
UMH Properties, Inc.	$9.77	2024-04-05	UMH Properties, Inc. (50000)	50000	Direct
UMH Properties, Inc.	$9.82	2023-06-24	UMH Properties, Inc. (50000)	50000	Direct

Footnotes

F1: Exercise of Stock Options.

F2: Exercise of Stock Options.

F3: Exercise of Stock Options.

F4: Exercise of Stock Options.

F5: Gift Transfer.