SEC Form 4 · accession 0000912593-15-000042
SUN COMMUNITIES INC · SUI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary A Shiffman
Officer — Chrmn and CEO · Director
Period of report
Apr 14, 2015
Accepted (ET)
Apr 16, 2015 · 11:40 am EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000912593
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, $0.01 par valueF1 | Apr 14, 2015 | A | 100,000 | $0.00 | A | 1,273,560 | D | |
| Common Stock, $0.01 par value | holding | — | — | — | 453,841 | I | Owned by certain limited liability companies of which the reporting person is a member and a manager | |
| Common Stock, $0.01 par value | holding | — | — | — | 86,810 | I | wned by irrevocable trust of which the reporting person is not a trustee |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock. 50,000 of the shares are subject to time vesting and vest as follows: 10,000 shares vest on April 14, 2018; 15,000 shares vest on April 14, 2019; 17,500 shares vest on April 14, 2020; 5,000 shares vest on April 14, 2021; and 2,500 shares vest on April 14, 2022. 50,000 of the shares are subject to performance vesting based on certain market and financial performance criteria.