Chew Anna T. - 21 Mar 2023 Form 4 Insider Report for UMH PROPERTIES, INC. (UMH)

Role
Chief Financial Officer, Director
Signature
/s/ Nelli Madden
Issuer symbol
UMH
Transactions as of
21 Mar 2023
Net transactions value
+$1,705,968
Form type
4
Filing time
23 Mar 2023, 15:21:52 UTC
Previous filing
05 Apr 2023
Next filing
11 May 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UMH UMH Properties, Inc. Award $628,968 +43,800 +5.8% $14.36 795,786 21 Mar 2023 Direct F1

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 F2
holding UMH UMH Properties, Inc. 39,000 21 Mar 2023 UMH Properties, Inc. 39,000 $23.81 Direct
holding UMH UMH Properties, Inc. 50,000 21 Mar 2023 UMH Properties, Inc. 50,000 $22.57 Direct
holding UMH UMH Properties, Inc. 30,000 21 Mar 2023 UMH Properties, Inc. 30,000 $9.70 Direct
holding UMH UMH Properties, Inc. 50,000 21 Mar 2023 UMH Properties, Inc. 50,000 $13.90 Direct
holding UMH UMH Properties, Inc. 50,000 21 Mar 2023 UMH Properties, Inc. 50,000 $15.04 Direct
holding UMH UMH Properties, Inc. 10,000 21 Mar 2023 UMH Properties, Inc. 10,000 $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: 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.