Matthew I. Hirsch - 21 Mar 2023 Form 4 Insider Report for UMH PROPERTIES, INC. (UMH)

Role
Director
Signature
/s/ Nelli Madden
Issuer symbol
UMH
Transactions as of
21 Mar 2023
Net transactions value
+$157,357
Form type
4
Filing time
23 Mar 2023, 17:29:42 UTC
Previous filing
17 Mar 2023
Next filing
15 Jun 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction UMH UMH Properties, Inc. Award $13,757 +958 +2.4% $14.36 41,463 21 Mar 2023 Direct F1
holding UMH UMH Properties, Inc. 3,922 21 Mar 2023 Held by Spouse

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 $143,600 +10,000 $14.36 10,000 21 Mar 2023 UMH Properties, Inc. 10,000 $14.36 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Stock award for Directors.
F2 This stock option will vest over the next five years, 20% per year on each anniversary date as follows 2,000 shares vesting on 3/21/2024 2,000 shares vesting on 3/21/2025 2,000 shares vesting on 3/21/2026 2,000 shares vesting on 3/21/2027 and 2,000 shares vesting on 3/21/2028.