SEC Form 4 · accession 0000912593-16-000150
SUN COMMUNITIES INC · SUI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ronald L Piasecki
Director
Period of report
Mar 15, 2016
Accepted (ET)
Mar 16, 2016 · 6:33 pm 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 | Mar 15, 2016 | A | 2,400 | $0.00 | A | 11,500 | D | |
| Common Stock, $0.01 par value | Mar 16, 2016 | M | 1,500 | $29.54 | A | 13,000 | D | |
| Common Stock, $0.01 par value | Mar 16, 2016 | M | 1,500 | $37.35 | A | 14,500 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock option (right to buy)F2 | $29.54 | Mar 16, 2016 | M | 1,500 | D | — | Jul 28, 2020 | Common Stock | 1,500 | 0 | D |
| Stock option (right to buy)F3 | $37.35 | Mar 16, 2016 | M | 1,500 | D | — | Jul 27, 2021 | Common Stock | 1,500 | 0 | D |
Explanation of responses
- F1Restricted Stock. All shares vest on March 15, 2019, provided that the reporting person remains a Director of Sun Communities Inc. or a subsidary.
- F2Option to purchase 1,500 shares of common stock vested in three equal installments beginning in July 28, 2011.
- F3Option to purchase 1,500 shares of common stock vested in three equal installments beginning in July 26, 2012.