SEC Form 4 · accession 0001225208-15-003226
UDR, Inc. · UDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas M Herzog
Officer — SVP-Chief Financial Officer
Period of report
Feb 5, 2015
Accepted (ET)
Feb 9, 2015 · 4:50 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000074208
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 5, 2015 | A | 48,877 | $0.00 | A | 106,812 | D | |
| Common StockF2 | Feb 5, 2015 | A | 2,987 | $33.48 | A | 109,799 | D | |
| Common Stock | Feb 5, 2015 | F | 5,211 | $33.48 | D | 104,588 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Subject to the reporting person's continued employment, one third of the award is vested upon the date of grant, one third vests on December 31, 2015 and one third vests on December 31, 2016.
- F2Subject to the reporting person's continued employment, the grant vests in equal installments over 4 years from the grant date.
- F3Represents shares of restricted stock withheld to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).