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

Role
Director
Signature
Ronald A. Klein
Stock symbol
SUI
Transactions as of
Jan 18, 2024
Transactions value $
$0
Form type
4
Date filed
1/22/2024, 03:44 PM
Previous filing
Jan 27, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding SUI COMMON STOCK, $0.01 PAR VALUE 17.4K Jan 18, 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 +2K +54.05% 5.7K Jan 18, 2024 COMMON STOCK, $0.01 PAR VALUE 2K Direct F3
holding SUI DEFERRED RESTRICTED COMMON STOCK RIGHTS 1.7K Jan 18, 2024 COMMON STOCK, $0.01 PAR VALUE 1.7K Direct F1
holding SUI DEFERRED RESTRICTED COMMON STOCK RIGHTS 3.7K Jan 18, 2024 COMMON STOCK, $0.01 PAR VALUE 2K 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.