SEC Form 4 · accession 0000899243-15-002028
SUN COMMUNITIES INC · SUI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Randall K Rowe
Director
Period of report
Jul 29, 2015
Accepted (ET)
Jul 31, 2015 · 8:54 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912593
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series A-4 Preferred Stock, $0.01 par valueF1,F2 | $56.25 | Jul 29, 2015 | J | 128,405 | A | — | — | Common Stock, $0.01 par value | 57,068 | 128,405 | D |
| Series A-4 Preferred Stock, $0.01 par valueF1,F3,F2 | $56.25 | Jul 29, 2015 | J | 13,094 | A | — | — | Common Stock, $0.01 par value | 5,819 | 13,094 | I |
| Series A-4 Preferred Stock, $0.01 par valueF1,F4,F2 | $56.25 | Jul 29, 2015 | J | 4,233 | A | — | — | Common Stock, $0.01 par value | 1,881 | 4,233 | I |
| Series A-4 Preferred Stock, $0.01 par valueF1,F5,F2 | $56.25 | Jul 29, 2015 | J | 10,893 | A | — | — | Common Stock, $0.01 par value | 4,841 | 10,893 | I |
| Option (right to sell)F6 | $31.08 | Jul 29, 2015 | A | 128,405 | A | Jul 29, 2015 | Aug 10, 2015 | Series A-4 Preferred Stock, $ 0.01 par value | 128,405 | 128,405 | D |
| Option (right to sell)F6,F3 | $31.08 | Jul 29, 2015 | A | 13,094 | A | Jul 29, 2015 | Aug 10, 2015 | Series A-4 Preferred Stock, $ 0.01 par value | 13,094 | 13,094 | I |
| Option (right to sell)F6,F4 | $31.08 | Jul 29, 2015 | A | 4,233 | A | Jul 29, 2015 | Aug 10, 2015 | Series A-4 Preferred Stock, $ 0.01 par value | 4,233 | 4,233 | I |
| Option (right to sell)F6,F5 | $31.08 | Jul 29, 2015 | A | 10,893 | A | Jul 29, 2015 | Aug 10, 2015 | Series A-4 Preferred Stock, $ 0.01 par value | 10,893 | 10,893 | I |
Explanation of responses
- F1Represents the receipt of Series A-4 Preferred Stock by virtue of a pro rata distribution from GCP Fund II Ancillary Holding, LLC to its members for no additional consideration. In prior reports, the reporting person reported indirect beneficial ownership of 6,364,770 shares of Series A-4 Preferred Stock. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- F2The Series A-4 Preferred Stock is convertible at any time, at the holder's election and has no expiration date.
- F3Held by a trust of which reporting person is the trustee. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- F4Held by limited liability company of which the reporting person is the manager and a member. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- F5Held by Green Courte Partners, LLC, which is owned by the reporting person. The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.
- F6Represents the right to sell Series A-4 Preferred Stock to Sun Communities, Inc. at a price of $31.08 per share.