Key facts
- This page summarizes Mark R. Patterson's Form 4 filing for UDR, Inc. (UDR).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 06 Jan 2025, 17:00.
Mark R. Patterson - 02 Jan 2025 Form 4 Insider Report for UDR, Inc. (UDR)
- Reporting relationship
- Director
- Issuer ticker
- UDR
- Reported as of
- 02 Jan 2025
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 06 Jan 2025, 17:00:01 UTC
- Prior SEC filing
- 11 Jun 2024
- Next SEC filing
- 19 May 2025
- Source filing
- View source filing
- Reporting owner signature
- Mark R. Patterson
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Mark R. Patterson filed Form 4 for UDR, Inc. (UDR) on 06 Jan 2025.
Change
- Previous filing in this sequence was filed on 11 Jun 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
UDR
transaction
Derivative
Class 1 LTIP Units
Award
- Transaction value
- $0
- Shares
- +4,703
- Change %
- +20%
- Price
- $0.000000
- Shares after
- 27,793
- Date
- 02 Jan 2025
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 4,703
- Exercise price
- Footnotes
- F1, F2, F3, F4, F5
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 5 footnotes
Footnote F1
Represents Class 1 LTIP Units in United Dominion Realty, L.P., a Delaware limited partnership (the "UDR Partnership"). UDR, Inc. (the "Company") is the parent company and sole general partner of the UDR Partnership.
Footnote F2
Subject to the conditions set forth in the Eleventh Amendment to the Amended and Restated Agreement of Limited Partnership of the UDR Partnership (the "Partnership Agreement") and subject to the vesting conditions specified with respect to each Class 1 LTIP Unit (as described in footnote 5 below), each Class 1 LTIP Unit may be converted, at the election of the holder, into a unit of limited partnership of the UDR Partnership (a "Partnership Common Unit"), provided that such Class 1 LTIP Unit has been outstanding for at least two years from the date of grant.
Footnote F3
A holder of Partnership Common Units has the right to require the UDR Partnership to redeem all or a portion of the Partnership Common Units held by the holder in exchange for a cash payment based on the market value of the Company's Common Stock at the time of redemption, as defined in the Partnership Agreement (the "Cash Amount"). However, the UDR Partnership's obligation to pay the Cash Amount is subject the prior right of the Company to acquire such Partnership Common Units in exchange for either the Cash Amount or shares of the Company's Common Stock.
Footnote F4
The Company, as the general partner of the UDR Partnership, may, in its sole discretion, purchase the Partnership Common Units by paying the limited partner either the Cash Amount or the REIT Share Amount (generally one share of the Company's Common Stock for each Partnership Common Unit), as such terms are defined in the Partnership Agreement. The right to convert the Class 1 LTIP Units into Partnership Common Units and the right to receive the Cash Amount or the REIT Share Amount (in the Company's sole discretion) in exchange for Partnership Common Units do not have expiration dates.
Footnote F5
The Class 1 LTIP Units shall vest on the first anniversary of the vesting commencement date, which is January 2, 2026.