Craig Koster - 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, 04:09 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. 60.3K Mar 21, 2023 Direct
holding UMH UMH Properties, Inc. (Preferred D) 337 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. 30K Mar 21, 2023 UMH Properties, Inc. 30K $9.70 Direct
holding UMH UMH Properties, Inc. 20K Mar 21, 2023 UMH Properties, Inc. 20K $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. 4.5K Mar 21, 2023 UMH Properties, Inc. 4.5K $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.