UMH PROPERTIES, INC. — Director's Dealing 2019

May 17, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UMH PROPERTIES, INC. (UMH)
CIK: 0000752642
Period of Report: 2019-05-15

Reporting Person: LANDY EUGENE W (Director, Chairman of the Board)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-05-15	UMH Properties, Inc.	S	4000	$13.20	Disposed	41561.288	Indirect
2019-05-15	UMH Properties, Inc.	S	4000	$13.20	Disposed	50912.51	Indirect

Holdings (Non-Derivative)

Security	Shares	Ownership
UMH Properties, Inc.	623242.734	Direct
UMH Properties, Inc.	97880	Indirect
UMH Properties, Inc.	33823.33	Indirect
UMH Properties, Inc.	23670.01	Indirect
UMH Properties, Inc.	172607.725	Indirect
UMH Properties, Inc.	99872.121	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
UMH Properties, Inc.	$13.90	2029-04-02	UMH Properties, Inc. (100000)	100000	Direct
UMH Properties, Inc.	$13.09	2028-04-02	UMH Properties, Inc. (100000)	100000	Direct
UMH Properties, Inc.	$15.04	2027-04-04	UMH Properties, Inc. (100000)	100000	Direct
UMH Properties, Inc.	$9.77	2024-04-05	UMH Properties, Inc. (100000)	100000	Direct
UMH Properties, Inc.	$9.82	2023-06-24	UMH Properties, Inc. (100000)	100000	Direct
UMH Common Stock	$9.85	2022-06-11	UMH Common Stock (100000)	100000	Direct
UMH Common Stock	$10.08	2021-06-26	UMH Common Stock (100000)	100000	Direct

Footnotes

F1: The sales reported in this Form 4 were effected pursuant to a rule 10b5-1 trading plan adapted by the reporting person on June 27, 2018.