Craig Koster - 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
+$1,077,000
Form type
4
Filing time
23 Mar 2023, 16:09:35 UTC
Previous filing
05 Apr 2023
Next filing
26 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding UMH UMH Properties, Inc. 60,347 21 Mar 2023 Direct
holding UMH UMH Properties, Inc. (Preferred D) 337 21 Mar 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 $1,077,000 +75,000 $14.36 75,000 21 Mar 2023 UMH Properties, Inc. 75,000 $14.36 Direct F1
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. 20,000 21 Mar 2023 UMH Properties, Inc. 20,000 $11.42 Direct
holding UMH UMH Properties, Inc. 20,000 21 Mar 2023 UMH Properties, Inc. 20,000 $13.09 Direct
holding UMH UMH Properties, Inc. 20,000 21 Mar 2023 UMH Properties, Inc. 20,000 $15.04 Direct
holding UMH UMH Properties, Inc. 4,500 21 Mar 2023 UMH Properties, Inc. 4,500 $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.