Gary A. Shiffman - Mar 14, 2022 Form 4 Insider Report for SUN COMMUNITIES INC (SUI)

Role
Chairman & CEO, Director
Signature
Gary A. Shiffman
Stock symbol
SUI
Transactions as of
Mar 14, 2022
Transactions value $
-$2,888,709
Form type
4
Date filed
3/15/2022, 05:02 PM
Previous filing
Feb 25, 2022
Next filing
Mar 22, 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 -$1.96M -11.4K -1.14% $170.97 993K Mar 14, 2022 Direct
transaction SUI COMMON STOCK, $0.01 PAR VALUE Tax liability -$932K -5.45K -0.55% $170.97 988K Mar 14, 2022 Direct
holding SUI COMMON STOCK, $0.01 PAR VALUE 233K Mar 14, 2022 Owned by a grantor retained annuity trust F1
holding SUI COMMON STOCK, $0.01 PAR VALUE 131K Mar 14, 2022 Owned by irrevocable trusts F2
holding SUI COMMON STOCK, $0.01 PAR VALUE 16.7K Mar 14, 2022 Owned by spouse
holding SUI COMMON STOCK, $0.01 PAR VALUE 76K Mar 14, 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.