Karen Dearing - 23 Feb 2022 Form 4 Insider Report for SUN COMMUNITIES INC (SUI)

Signature
Karen J. Dearing
Issuer symbol
SUI
Transactions as of
23 Feb 2022
Net transactions value
+$4,442,750
Form type
4
Filing time
25 Feb 2022, 14:38:35 UTC
Previous filing
23 Feb 2022
Next filing
15 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SUI COMMON STOCK, $0.01 PAR VALUE Award $4,442,750 +25,000 +17% $177.71 174,543 23 Feb 2022 Direct F1
holding SUI COMMON STOCK, $0.01 PAR VALUE 13,583 23 Feb 2022 Shares held by spouse's revocable trust
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock. 10,000 of the shares are subject to time vesting and vest as follows: 2,000 shares vest on February 23, 2023; 2,000 shares vest on February 23, 2024; 2,000 shares vest on February 23, 2025; 2,000 shares vest on February 23, 2026; and 2,000 shares vest on February 23, 2027. 15,000 of the shares are subject to performance vesting based on certain market and financial performance criteria.