Underwood Baxter 5
5 · SUN COMMUNITIES INC · Filed Feb 8, 2023
Insider Transaction Report
Form 5
Underwood Baxter
CEO - Safe Harbor Marinas, LLC
Transactions
- Gift
SERIES H PREFERRED OPERATING PARTNERSHIP UNITS
2022-11-07−61,703→ 0 total(indirect: See footnote)→ COMMON STOCK, $0.01 PAR VALUE (37,623 underlying)
Holdings
- 20,567(indirect: See footnote)
SERIES H PREFERRED OPERATING PARTNERSHIP UNITS
→ COMMON STOCK, $0.01 PAR VALUE (12,540 underlying) - 30,343
SERIES H PREFERRED OPERATING PARTNERSHIP UNITS
→ COMMON STOCK, $0.01 PAR VALUE (18,850 underlying)
Footnotes (3)
- [F1]Issued by the Issuer's operating partnership, Sun Communities Operating Limited Partnership.
- [F2]Each series H Preferred OP Unit can be exchanged for a number of shares of the Issuer's common stock equal to the quotient obtained by dividing $100.00 by $164.00 (as such ratio is subject to adjustments for certain capital events) at the holder's option and have no expiration date.
- [F3]Owned by a family limited partnership. On November 7, 2022, the family limited partnership transferred all the Series H Preferred OP Units that it held to various trusts. 20,567 of such Series H Preferred OP Units were transferred to an irrevocable trust of which the reporting person is a trustee and a beneficiary.