UMH PROPERTIES, INC. — Director's Dealing 2020

Mar 27, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UMH PROPERTIES, INC. (UMH)
CIK: 0000752642
Period of Report: 2020-03-25

Reporting Person: Koster Craig (General Counsel)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-25	UMH Properties, Inc.	$9.7	A	30000	Acquired	2030-03-25	UMH Properties, Inc. (30000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
UMH Properties, Inc.	16552.88	Direct
UMH Properties, Inc. (Preferred B)	615	Direct

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
UMH Properties, Inc.	$11.42	2029-01-02	UMH Properties, Inc. (20000)	20000	Direct
UMH Properties, Inc.	$13.09	2028-04-02	UMH Properties, Inc. (20000)	20000	Direct
UMH Properties, Inc.	$15.04	2027-04-04	UMH Properties, Inc. (20000)	20000	Direct
UMH Properties, Inc.	$9.77	2024-04-05	UMH Properties, Inc. (20000)	20000	Direct
UMH Properties, Inc.	$10.08	2021-06-26	UMH Properties, Inc. (500)	500	Direct

Footnotes

F1: This stock option will vest over the next five years, 20% per year on each anniversary date as follows: 6,000 shares vesting on 3/25/21; 6,000 shares vesting on 3/25/22; 6,000 shares vesting on 3/25/23; 6,000 shares vesting on 3/25/24; and 6,000 shares vesting on 3/25/25.