Craig Koster - 26 Mar 2024 Form 4 Insider Report for UMH PROPERTIES, INC. (UMH)

Role
EVP and General Counsel
Signature
Nelli Madden
Issuer symbol
UMH
Transactions as of
26 Mar 2024
Net transactions value
+$1,190,739
Form type
4
Filing time
28 Mar 2024, 15:23:50 UTC
Previous filing
17 Apr 2024
Next filing
03 Jul 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UMH UMH Properties, Inc. Award $22,629 +1,445 +1.9% $15.66 78,035 26 Mar 2024 Direct F1
transaction UMH UMH Properties, Inc. Award $385,111 +24,592 +32% $15.66 102,627 26 Mar 2024 Direct F2
holding UMH UMH Properties, Inc. (Preferred D) 337 26 Mar 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction UMH UMH Properties, Inc. Award $783,000 +50,000 $15.66 50,000 26 Mar 2024 UMH Properties, Inc. 50,000 $15.66 Direct F3
holding UMH UMH Properties, Inc. 75,000 26 Mar 2024 UMH Properties, Inc. 75,000 $14.36 Direct
holding UMH UMH Properties, Inc. 39,000 26 Mar 2024 UMH Properties, Inc. 39,000 $23.81 Direct
holding UMH UMH Properties, Inc. 50,000 26 Mar 2024 UMH Properties, Inc. 50,000 $22.57 Direct
holding UMH UMH Properties, Inc. 30,000 26 Mar 2024 UMH Properties, Inc. 30,000 $9.70 Direct
holding UMH UMH Properties, Inc. 20,000 26 Mar 2024 UMH Properties, Inc. 20,000 $11.42 Direct
holding UMH UMH Properties, Inc. 20,000 26 Mar 2024 UMH Properties, Inc. 20,000 $13.09 Direct
holding UMH UMH Properties, Inc. 20,000 26 Mar 2024 UMH Properties, Inc. 20,000 $15.04 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock award.
F2 Restricted stock granted to named executive officers. Participant's rights in and to the restricted stock shall be subject to both time and performance vesting criteria as per employment agreement.
F3 This stock option will vest over the next five years, 20% per year on each anniversary date as follows: 10,000 shares vesting on 3/26/2025; 10,000 shares vesting on 3/26/2026; 10,000 shares vesting on 3/26/2027; 10,000 shares vesting on 3/26/2028; and 10,000 shares vesting on 3/26/2029.