Gary A. Shiffman - Jan 3, 2022 Form 4 Insider Report for SUN COMMUNITIES INC (SUI)

Role
Chairman & CEO, Director
Signature
Gary A. Shiffman
Stock symbol
SUI
Transactions as of
Jan 3, 2022
Transactions value $
-$3,089,868
Form type
4
Date filed
1/5/2022, 11:11 AM
Previous filing
Mar 4, 2022
Next filing
Feb 15, 2022

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 -$3.09M -15K -1.6% $205.95 925K Jan 3, 2022 Direct
holding SUI COMMON STOCK, $0.01 PAR VALUE 233K Jan 3, 2022 Owned by a grantor retained annuity trust F1
holding SUI COMMON STOCK, $0.01 PAR VALUE 131K Jan 3, 2022 Owned by irrevocable trusts F2
holding SUI COMMON STOCK, $0.01 PAR VALUE 16.7K Jan 3, 2022 Owned by spouse
holding SUI COMMON STOCK, $0.01 PAR VALUE 76K Jan 3, 2022 Owned by irrevocable trust. F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Owned by irrevocable trusts of which the reporting person is neither the trustee nor the beneficiary. The beneficiaries of these trusts are the reporting person's spouse and other family members.
F3 Owned by irrevocable trust of which the reporting person is a trustee and beneficiary.