Ronald A. Klein - 18 Jan 2024 Form 4 Insider Report for SUN COMMUNITIES INC (SUI)

Role
Director
Signature
Ronald A. Klein
Issuer symbol
SUI
Transactions as of
18 Jan 2024
Net transactions value
$0
Form type
4
Filing time
22 Jan 2024, 15:44:59 UTC
Previous filing
27 Jan 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SUI COMMON STOCK, $0.01 PAR VALUE 17,400 18 Jan 2024 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SUI DEFERRED RESTRICTED COMMON STOCK RIGHTS Award +2,000 +54% 5,700 18 Jan 2024 COMMON STOCK, $0.01 PAR VALUE 2,000 Direct F3
holding SUI DEFERRED RESTRICTED COMMON STOCK RIGHTS 1,700 18 Jan 2024 COMMON STOCK, $0.01 PAR VALUE 1,700 Direct F1
holding SUI DEFERRED RESTRICTED COMMON STOCK RIGHTS 3,700 18 Jan 2024 COMMON STOCK, $0.01 PAR VALUE 2,000 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the right to receive shares of restricted common stock granted to the reporting person on January 12, 2022. Pursuant to the Sun Communities, Inc. Non-Employee Directors Deferred Compensation Plan, the reporting person has elected to defer receipt of such shares, provided they vest, until January 12, 2026, subject to the other provisions of the deferred compensation plan. All such shares vest on January 12, 2025, provided that the reporting person remains a director of Sun Communities, Inc. or a subsidiary.
F2 Represents the right to receive shares of restricted common stock granted to the reporting person on January 25, 2023. Pursuant to the Sun Communities, Inc. Non-Employee Directors Deferred Compensation Plan, the reporting person has elected to defer receipt of such shares, provided they vest, until January 25, 2027, subject to the other provisions of the deferred compensation plan. All such shares vest on January 25, 2026, provided that the reporting person remains a director of Sun Communities, Inc. or a subsidiary.
F3 Represents the right to receive shares of restricted common stock granted to the reporting person on January 18, 2024. Pursuant to the Sun Communities, Inc. Non-Employee Directors Deferred Compensation Plan, the reporting person has elected to defer receipt of such shares, provided they vest, until January 18, 2029, subject to the other provisions of the deferred compensation plan. All such shares vest on January 18, 2027, provided that the reporting person remains a director of Sun Communities, Inc. or a subsidiary.