Umh

Director's Dealing • Sep 13, 2022

UMH PROPERTIES, INC. Reported by LANDY EUGENE W

FORM 4

(Statement of Changes in Beneficial Ownership)

Filed 09/12/22 for the Period Ending 09/09/22

Address	ROUTE SUITE 3-C 3499 9 N ,
	BUSINESS JUNIPER PLAZA
	FREEHOLD NJ 07728 , ,
Telephone	7325779997
CIK	0000752642
Symbol	UMH
SIC Code	- Real Estate Investment Trusts 6798
Industry	Residential REITs
Sector	Financials
Fiscal Year	12/31

[ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549

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STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

1. Name and Address of Reporting Person -	2. Issuer Name and Ticker or Trading Symbol	5. Relationship of Reporting Person(s) to Issuer
		(Check all applicable)
LANDY EUGENE W	UMH PROPERTIES, INC. UMH
	(3. Date of Earliest Transaction (MM/DD/YYYY)	X Director 10% Owner
(Middle) (Last) First)		X Officer (give title below) Other (specify below)
	9/9/2022	Chairman of the Board
3499 RT. 9 NORTH, SUITE 3-C (Street)	4. If Amendment, Date Original Filed (MM/DD/YYYY)	6. Individual or Joint/Group Filing (Check Applicable Line)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3)	2. Trans. Date	2A. Deemed Execution Date, if any	3. Trans. Code (Instr. 8)		or Disposed of (D) (Instr. 3, 4 and 5)			4. Securities Acquired (A) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Indirect Form: Direct (D)	7. Nature of Beneficial Ownership
			Code	V	Amount	(A) or (D)	Price		or Indirect (Instr. 4) (I) (Instr. 4)
UMH Properties, Inc.								916652.031	D
UMH Properties, Inc.								122880	I	Eugene W. and Gloria Landy Family Foundation
UMH Properties, Inc.								35582.9	I	Juniper Plaza Associates
UMH Properties, Inc.								23670.01	I	Windsor Industrial Park Associates
UMH Properties, Inc.								172607.725	I	Landy Investments
UMH Properties, Inc.								99872.121	I	Spouse
UMH Properties, Inc.								33561.288	I	Landy & Landy Employees' Pension Plan
UMH Properties, Inc.								42912.51	I	Landy & Landy Employees' Profit Sharing Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivate Security (Instr. 3)	Conversion or Exercise Price of Derivative	3 Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)	5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		Security (Instr. 5)	8. Price of 9. Number of Derivative derivative Securities Beneficially Owned	10. Ownership Form of Derivative Security:	11. Nature of Indirect Beneficial Ownership (Instr. 4)
	Security			Code	(A)	(D)	Date Exercisable Date	Expiration	Title	Amount or Number of Shares		Following Reported Transaction(s) (Instr. 4)	Direct (D) or Indirect (I) (Instr. 4)
UMH Properties, Inc.	\$18.52	9/9/2022		A	100000 (1)		9/9/2023	9/9/2032	UMH Properties, Inc.	1000000	\$18.52	1000000	D
UMH Properties, Inc.	\$9.70						3/25/2021	3/25/2030	UMH Properties, Inc.	1000000		100000	D
UMH Properties, Inc.	\$13.90						4/2/2020	4/2/2029	UMH Properties, Inc.	100000		1000000	D
UMH Properties, Inc.	\$13.09						4/2/2019	4/2/2028	UMH Properties, Inc.	100000		100000	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security (Instr. 3)	2. Conversion or Exercise Price of Derivative	3. Trans. Date	3A. Deemed Execution Date, if any	4. Trans. Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned	10. Ownership Form of Derivative Security:	11. Nature of Indirect Beneficial Ownership (Instr. 4)
	Security			Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares		Following Reported Transaction(s) (Instr. 4)	Direct (D) or Indirect (I) (Instr. 4)
UMH Properties, Inc.	\$15.04							4/4/2018	4/4/2027	UMH Properties, Inc.	100000		100000	D
UMH Properties, Inc.	\$9.77							4/5/2017	4/5/2024	UMH Properties, Inc.	100000		100000	D

Explanation of Responses:

(1) This option will vest over the next five years, 20% per year on each anniversary date as follows: 20,000 shares vesting on 9/09/2023; 20,000 shares vesting on 9/09/2024; 20,000 shares vesting on 9/09/2025; 20,000 shares vesting on 9/09/2026; and 20,000 shares vesting on 9/09/2027.

Reporting Owners

Reporting Owner Name / Address	Relationships
		Director10% OwnerOfficer		Other
LANDY EUGENE W 3499 RT. 9 NORTH SUITE 3-C FREEHOLD, NJ 07728	X		Chairman of the Board

Signatures

Eugene W. Landy	9/12/2022
**Signature of Reporting Person	Date

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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