Gary A. Shiffman - Jul 28, 2021 Form 4 Insider Report for SUN COMMUNITIES INC (SUI)

Role
Chairman & CEO, Director
Signature
Gary A. Shiffman
Stock symbol
SUI
Transactions as of
Jul 28, 2021
Transactions value $
$45,624,183
Form type
4
Date filed
8/5/2021, 09:49 AM
Previous filing
Mar 18, 2022
Next filing
Nov 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUI COMMON STOCK, $0.01 PAR VALUE Gift $0 -44K -5.81% $0.00 714K Feb 12, 2021 Direct F1
transaction SUI COMMON STOCK, $0.01 PAR VALUE Gift $0 +48K +6.73% $0.00 762K Mar 26, 2021 Direct F2
transaction SUI COMMON STOCK, $0.01 PAR VALUE Gift $0 +47.6K +6.26% $0.00 809K Jun 24, 2021 Direct F2
transaction SUI COMMON STOCK, $0.01 PAR VALUE Purchase $45.6M +235K +29.03% $194.20 1.04M Jul 28, 2021 Direct F3
holding SUI COMMON STOCK, $0.01 PAR VALUE 131K Jul 28, 2021 Owned by irrevocable trust F4
holding SUI COMMON STOCK, $0.01 PAR VALUE 16.7K Jul 28, 2021 Owned by spouse
holding SUI COMMON STOCK, $0.01 PAR VALUE 76K Jul 28, 2021 Owned by irrevocable trust. F5
holding SUI COMMON STOCK, $0.01 PAR VALUE 129K Jul 28, 2021 Owned by a grantor retained annuity trust F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The reporting person gifted shares of common stock to irrevocable trusts for the benefit of the reporting person's spouse, children and grandchildren. The reporting person is neither the trustee nor the beneficiary of these trusts.
F2 The reporting person received a distribution of shares of common stock from the grantor retained annuity trust described in footnote 6 below.
F3 The reporting person reacquired shares of common stock from the grantor retained annuity trust described in footnote 6 below by substituting assets of equal value, as permitted by the trust agreement.
F4 Owned by irrevocable trusts of which the reporting person is neither the trustee nor the beneficiary.
F5 Owned by irrevocable trust of which the reporting person is a trustee and beneficiary.
F6 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.