SEC Form 4 · accession 0001225208-18-012960
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
Aug 28, 2018
Accepted (ET)
Aug 29, 2018 · 4:54 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 | Aug 28, 2018 | M | 270,000 | $10.06 | A | 1,826,115 | D | |
| Common Stock | Aug 28, 2018 | F | 1,202 | $40.09 | D | 1,824,913 | D | |
| Common Stock | Aug 28, 2018 | F | 153,921 | $40.09 | D | 1,670,992 | 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 | Aug 28, 2018 | M | 270,000 | D | Feb 12, 2010 | Feb 12, 2019 | Common Stock | 270,000 | 270,672 | D |
Explanation of responses
- F1Represents 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).