EUGENE W. LANDY - 21 Mar 2023 Form 4 Insider Report for UMH PROPERTIES, INC. (UMH)

Role
Chairman of the Board, Director
Signature
/s/ Eugene W. Landy
Issuer symbol
UMH
Transactions as of
21 Mar 2023
Net transactions value
+$1,077,000
Form type
4
Filing time
23 Mar 2023, 15:16:45 UTC
Previous filing
05 Apr 2023
Next filing
27 Jun 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UMH UMH Properties, Inc. 904,146 21 Mar 2023 Direct
holding UMH UMH Properties, Inc. 112,849 21 Mar 2023 The Sheltered Family Trust
holding UMH UMH Properties, Inc. 122,880 21 Mar 2023 Eugene W. and Gloria Landy Family Foundation
holding UMH UMH Properties, Inc. 172,608 21 Mar 2023 Landy Investments
holding UMH UMH Properties, Inc. 33,561 21 Mar 2023 Landy & Landy Employees' Pension Plan
holding UMH UMH Properties, Inc. 42,913 21 Mar 2023 Landy & Landy Employees' Profit Sharing Plan

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 UMH UMH Properties, Inc. Award $1,077,000 +75,000 $14.36 75,000 21 Mar 2023 UMH Properties, Inc. 75,000 $14.36 Direct F1
holding UMH UMH Properties, Inc. 100,000 21 Mar 2023 UMH Properties, Inc. 100,000 $18.52 Direct
holding UMH UMH Properties, Inc. 100,000 21 Mar 2023 UMH Properties, Inc. 100,000 $22.57 Direct F2
holding UMH UMH Properties, Inc. 100,000 21 Mar 2023 UMH Properties, Inc. 100,000 $9.70 Direct
holding UMH UMH Properties, Inc. 100,000 21 Mar 2023 UMH Properties, Inc. 100,000 $13.90 Direct
holding UMH UMH Properties, Inc. 100,000 21 Mar 2023 UMH Properties, Inc. 100,000 $13.09 Direct
holding UMH UMH Properties, Inc. 100,000 21 Mar 2023 UMH Properties, Inc. 100,000 $15.04 Direct
holding UMH UMH Properties, Inc. 100,000 21 Mar 2023 UMH Properties, Inc. 100,000 $9.77 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 This stock option will vest over the next five years, 20% per year on each anniversary date as follows: 15,000 shares vesting on 3/21/2024; 15,000 shares vesting on 3/21/2025; 15,000 shares vesting on 3/21/2026; 15,000 shares vesting on 3/21/2027; and 15,000 shares vesting on 3/21/2028.
F2 This stock option was inadvertently omitted from prior Form 4s but was previously disclosed on the 7/14/2021 Form 4.