Samuel A. Landy - 21 Mar 2023 Form 4 Insider Report for UMH PROPERTIES, INC. (UMH)

Signature
/s/ Nelli Madden
Issuer symbol
UMH
Transactions as of
21 Mar 2023
Net transactions value
+$1,209,112
Form type
4
Filing time
23 Mar 2023, 15:20:59 UTC
Previous filing
16 Mar 2023
Next filing
18 Apr 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UMH UMH Properties, Inc. Award $785,492 +54,700 +6.9% $14.36 845,658 21 Mar 2023 Direct F1
holding UMH UMH Properties, Inc. 10,533 21 Mar 2023 Held by Spouse
holding UMH UMH Properties, Inc. 44,080 21 Mar 2023 Held with Spouse
holding UMH UMH Properties, Inc. 43,169 21 Mar 2023 The Landy 2022 Family Trust
holding UMH UMH Properties, Inc., 48,000 21 Mar 2023 Co-Manager of EWL Grandchildren Fund LLC

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 $423,620 +29,500 $14.36 29,500 21 Mar 2023 UMH Properties, Inc. 29,500 $14.36 Direct F2
holding UMH UMH Properties, Inc. 50,000 21 Mar 2023 UMH Properties, Inc. 50,000 $13.09 Direct
holding UMH UMH Properties, Inc. 50,000 21 Mar 2023 UMH Properties, Inc. 50,000 $15.04 Direct
holding UMH UMH Properties, Inc. 50,000 21 Mar 2023 UMH Properties, Inc. 50,000 $14.25 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted Stock Issuance: Vesting Schedule: 20% each year upon the first anniversary of Grant Date.
F2 This stock option will vest over the next five years, 20% per year on each anniversary date as follows 5,900 shares vesting on 3/21/2024 5,900 shares vesting on 3/21/2025 5,900 shares vesting on 3/21/2026 5,900 shares vesting on 3/21/2027 and 5,900 shares vesting on 3/21/2028.