GARY A. SHIFFMAN - 23 Feb 2023 Form 4 Insider Report for SUN COMMUNITIES INC (SUI)

Role
Chairman, President & CEO, Director
Signature
Gary A. Shiffman
Issuer symbol
SUI
Transactions as of
23 Feb 2023
Transactions value $
$10,553,053
Form type
4
Filing time
27 Feb 2023, 14:53:39 UTC
Previous filing
22 Feb 2023
Next filing
16 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUI COMMON STOCK, $0.01 PAR VALUE Tax liability -$438K -2.97K -0.36% $147.79 817K 23 Feb 2023 Direct
transaction SUI COMMON STOCK, $0.01 PAR VALUE Award $11M +75K +9.18% $146.55 892K 24 Feb 2023 Direct F1
holding SUI COMMON STOCK, $0.01 PAR VALUE 16.7K 23 Feb 2023 Owned by spouse
holding SUI COMMON STOCK, $0.01 PAR VALUE 76K 23 Feb 2023 Owned by irrevocable trust. F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock. 30,000 of the shares are subject to time vesting; 6,000 of these time vesting shares vest on each of February 24, 2024, 2025, 2026, 2027 and 2028. 45,000 of the shares are subject to performance vesting based on certain market and financial performance criteria.
F2 Owned by irrevocable trust of which the reporting person is a trustee and beneficiary.