Brett Taft - 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 $
$1,077,000
Form type
4
Date filed
3/23/2023, 03:57 PM
Previous filing
Apr 5, 2023
Next filing
Jun 26, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UMH UMH Properties, Inc. 66.2K Mar 21, 2023 Direct

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 F1
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. 50K Mar 21, 2023 UMH Properties, Inc. 50K $9.70 Direct
holding UMH UMH Properties, Inc. 40K Mar 21, 2023 UMH Properties, Inc. 40K $11.42 Direct
holding UMH UMH Properties, Inc. 20K Mar 21, 2023 UMH Properties, Inc. 20K $13.09 Direct
holding UMH UMH Properties, Inc. 20K Mar 21, 2023 UMH Properties, Inc. 20K $15.04 Direct
holding UMH UMH Properties, Inc. 20K Mar 21, 2023 UMH Properties, Inc. 20K $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.