Gary A. Shiffman - Nov 1, 2021 Form 4/A - Amendment Insider Report for SUN COMMUNITIES INC (SUI)

Role: Chairman & CEO, Director
Signature: Gary A. Shiffman
Stock symbol: SUI
Transactions as of: Nov 1, 2021
Transactions value $: -$45,147,516
Form type: 4/A - Amendment
Date filed: 3/4/2022, 04:08 PM
Date Of Original Report: Nov 2, 2021
Previous filing: Nov 2, 2021
Next filing: Jan 5, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	SUI	COMMON STOCK, $0.01 PAR VALUE	Other	-$45.1M	-233K	-19.89%	$193.42	940K	Nov 1, 2021	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	On November 2, 2021, the reporting person filed a Form 4 which inadvertently reported this transaction as an open market or private purchase. In fact, as reported in this amendment, the transaction should have been reported as an "other acquisition or disposition".
F2	The reporting person transferred shares of common stock to a grantor retained annuity trust in exchange for assets of equal value, as permitted by the trust agreement. This transaction was for estate planning purposes. The reporting person is not a trustee of the grantor retained annuity trust. 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.

Content

On November 2, 2021, the reporting person filed a Form 4 which inadvertently reported this transaction as an open market or private purchase. In fact, as reported in this amendment, the transaction should have been reported as an "other acquisition or disposition".

The reporting person transferred shares of common stock to a grantor retained annuity trust in exchange for assets of equal value, as permitted by the trust agreement. This transaction was for estate planning purposes. The reporting person is not a trustee of the grantor retained annuity trust. 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.