SEC Form 4 · accession 0001225208-18-012194
UDR, Inc. · UDR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas W Toomey
Officer — Chairman, CEO and President · Director
Period of report
Jul 31, 2018
Accepted (ET)
Aug 2, 2018 · 4:34 pm EDT
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 | Jul 31, 2018 | M | 840,000 | $10.06 | A | 1,956,367 | D | |
| Common StockF1 | Jul 31, 2018 | F | 3,896 | $38.48 | D | 1,952,471 | D | |
| Common Stock | Jul 31, 2018 | F | 483,718 | $38.48 | D | 1,468,753 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Options (Right to buy) | $10.06 | Jul 31, 2018 | M | 840,000 | D | Feb 12, 2010 | Feb 12, 2019 | Common Stock | 840,000 | 840,672 | D |
Explanation of responses
- F1Reflects the disposition of 3,023 shares at $39.10 per share on November 1, 2017 in connection with exercise of stock options that was not previously reported.
- F2Represents shares of Common Stock withheld to satisfy the reporting person's obligation to pay the exercise price and tax withholding obligation upon the exercise of the stock options. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).