UMH PROPERTIES, INC. — Director's Dealing 2021

Feb 2, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: UMH PROPERTIES, INC. (UMH)
CIK: 0000752642
Period of Report: 2021-01-29

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-01-29	UMH Properties, Inc.	A	18437	$14.70	Acquired	615446.599	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
UMH Properties, Inc.	122880	Indirect
UMH Properties, Inc.	35582.9	Indirect
UMH Properties, Inc.	23670.01	Indirect
UMH Properties, Inc.	172607.725	Indirect
UMH Properties, Inc.	99872.121	Indirect
UMH Properties, Inc.	33561.288	Indirect
UMH Properties, Inc.	42912.51	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
UMH Properties, Inc.	$9.70	2030-03-25	UMH Properties, Inc. (100000)	100000	Direct
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: Restricted Stock Issuance. Participant's rights in and to the Restricted Stock shall be subject to both time (June 30, 2023) and performance (Normalized
FFO/share) vesting criteria. The number of shares of Common Stock subject to the Award that shall be eligible for vesting shall be based upon the
achievement of the Performance Goals.