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

Role
President and CEO, Director
Signature
/s/ Nelli Madden
Stock symbol
UMH
Transactions as of
Mar 21, 2023
Transactions value $
$1,209,112
Form type
4
Date filed
3/23/2023, 03:20 PM
Previous filing
Mar 16, 2023
Next filing
Apr 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UMH UMH Properties, Inc. Award $785K +54.7K +6.92% $14.36 846K Mar 21, 2023 Direct F1
holding UMH UMH Properties, Inc. 10.5K Mar 21, 2023 Held by Spouse
holding UMH UMH Properties, Inc. 44.1K Mar 21, 2023 Held with Spouse
holding UMH UMH Properties, Inc. 43.2K Mar 21, 2023 The Landy 2022 Family Trust
holding UMH UMH Properties, Inc., 48K Mar 21, 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 $424K +29.5K $14.36 29.5K Mar 21, 2023 UMH Properties, Inc. 29.5K $14.36 Direct F2
holding UMH UMH Properties, Inc. 50K Mar 21, 2023 UMH Properties, Inc. 50K $13.09 Direct
holding UMH UMH Properties, Inc. 50K Mar 21, 2023 UMH Properties, Inc. 50K $15.04 Direct
holding UMH UMH Properties, Inc. 50K Mar 21, 2023 UMH Properties, Inc. 50K $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.