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

Signature
/s/ Nelli Madden
Stock symbol
UMH
Transactions as of
Mar 21, 2023
Transactions value $
$1,705,968
Form type
4
Date filed
3/23/2023, 03:21 PM
Previous filing
Apr 5, 2023
Next filing
May 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UMH UMH Properties, Inc. Award $629K +43.8K +5.82% $14.36 796K Mar 21, 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 $1.08M +75K $14.36 75K Mar 21, 2023 UMH Properties, Inc. 75K $14.36 Direct F2
holding UMH UMH Properties, Inc. 39K Mar 21, 2023 UMH Properties, Inc. 39K $23.81 Direct
holding UMH UMH Properties, Inc. 50K Mar 21, 2023 UMH Properties, Inc. 50K $22.57 Direct
holding UMH UMH Properties, Inc. 30K Mar 21, 2023 UMH Properties, Inc. 30K $9.70 Direct
holding UMH UMH Properties, Inc. 50K Mar 21, 2023 UMH Properties, Inc. 50K $13.90 Direct
holding UMH UMH Properties, Inc. 50K Mar 21, 2023 UMH Properties, Inc. 50K $15.04 Direct
holding UMH UMH Properties, Inc. 10K Mar 21, 2023 UMH Properties, Inc. 10K $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.