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

Signature
Nelli Madden
Stock symbol
UMH
Transactions as of
Mar 26, 2024
Transactions value $
$1,263,934
Form type
4
Date filed
3/28/2024, 03:38 PM
Previous filing
Apr 17, 2024
Next filing
Apr 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UMH UMH Properties, Inc. Award $26.7K +1.71K +2.24% $15.66 77.8K Mar 26, 2024 Direct F1
transaction UMH UMH Properties, Inc. Award $454K +29K +37.26% $15.66 107K Mar 26, 2024 Direct F2

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 $783K +50K $15.66 50K Mar 26, 2024 UMH Properties, Inc. 50K $15.66 Direct F3
holding UMH UMH Properties, Inc. 75K Mar 26, 2024 UMH Properties, Inc. 75K $14.36 Direct
holding UMH UMH Properties, Inc. 39K Mar 26, 2024 UMH Properties, Inc. 39K $23.81 Direct
holding UMH UMH Properties, Inc. 50K Mar 26, 2024 UMH Properties, Inc. 50K $22.57 Direct
holding UMH UMH Properties, Inc. 50K Mar 26, 2024 UMH Properties, Inc. 50K $9.70 Direct
holding UMH UMH Properties, Inc. 40K Mar 26, 2024 UMH Properties, Inc. 40K $11.42 Direct
holding UMH UMH Properties, Inc. 20K Mar 26, 2024 UMH Properties, Inc. 20K $13.09 Direct
holding UMH UMH Properties, Inc. 20K Mar 26, 2024 UMH Properties, Inc. 20K $15.04 Direct
holding UMH UMH Properties, Inc. 20K Mar 26, 2024 UMH Properties, Inc. 20K $9.77 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.