Gary A. Shiffman - May 24, 2021 Form 4 Insider Report for SUN COMMUNITIES INC (SUI)

Signature
Gary A. Shiffman
Stock symbol
SUI
Transactions as of
May 24, 2021
Transactions value $
-$12,256,803
Form type
4
Date filed
5/26/2021, 04:31 PM
Next filing
Jul 1, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUI COMMON STOCK, $0.01 PAR VALUE Sale -$5.43M -32.4K -3.9% $167.63 798K May 24, 2021 Direct F1
transaction SUI COMMON STOCK, $0.01 PAR VALUE Sale -$6.69M -39.8K -4.98% $168.11 759K May 25, 2021 Direct F2
transaction SUI COMMON STOCK, $0.01 PAR VALUE Sale -$135K -800 -0.11% $168.53 758K May 25, 2021 Direct F3
holding SUI COMMON STOCK, $0.01 PAR VALUE 460K May 24, 2021 Owned by a grantor retained annuity trust F4
holding SUI COMMON STOCK, $0.01 PAR VALUE 86.8K May 24, 2021 Owned by irrevocable trust F5
holding SUI COMMON STOCK, $0.01 PAR VALUE 16.7K May 24, 2021 Owned by spouse
holding SUI COMMON STOCK, $0.01 PAR VALUE 76K May 24, 2021 Owned by irrevocable trust. F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $167.25 to $168.14, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F2 The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $167.44 to $168.44, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3 The price reported in Column 4 is a volume weighted average price. These shares were sold in multiple transactions with prices ranging from $168.47 to $168.56, inclusive. The reporting person undertakes to provide to Sun Communities, Inc., any security holder of Sun Communities, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F4 Owned by grantor retained annuity trust of which the reporting person is not a trustee. The reporting person is the only beneficiary during the term of the grantor retained annuity trust. At the end of the annuity term, the remaining property in the grantor retained annuity trust will be distributed to a trust for the benefit of the reporting person's spouse and descendants of which the reporting person is not a trustee.
F5 Owned by irrevocable trust of which the reporting person is not a trustee.
F6 Owned by irrevocable trust of which the reporting person is a trustee and the reporting person's spouse is a beneficiary.