Anna T. Chew - Jul 14, 2021 Form 4 Insider Report for UMH PROPERTIES, INC. (UMH)

Role: Chief Financial Officer, Director
Signature: Nelli Madden
Stock symbol: UMH
Transactions as of: Jul 14, 2021
Transactions value $: $1,128,500
Form type: 4
Date filed: 7/15/2021, 03:11 PM
Previous filing: Jun 17, 2021
Next filing: Sep 17, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
holding	UMH	UMH Properties, Inc.						690K	Jul 14, 2021	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	$1.13M	+50K		$22.57	50K	Jul 14, 2021	UMH Properties, Inc.	50K	$22.57	Direct	F1
holding	UMH	UMH Properties, Inc.						40K	Jul 14, 2021	UMH Properties, Inc.	40K	$9.70	Direct
holding	UMH	UMH Properties, Inc.						50K	Jul 14, 2021	UMH Properties, Inc.	50K	$13.90	Direct
holding	UMH	UMH Properties, Inc.						10K	Jul 14, 2021	UMH Properties, Inc.	10K	$13.09	Direct
holding	UMH	UMH Properties, Inc.						50K	Jul 14, 2021	UMH Properties, Inc.	50K	$15.04	Direct
holding	UMH	UMH Properties, Inc.						10K	Jul 14, 2021	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	This stock option will vest over the next five years, 20 % per year on each anniversary date as follows: 10,000 shares vesting on 7/14/2022; 10,000 shares vesting on 7/14/2023; 10,000 shares vesting on 7/14/2024; 10,000 shares vesting on 7/14/2025; 10,000 shares vesting on 7/14/2026.