SEC Form 4 · accession 0000912593-16-000157
SUN COMMUNITIES INC · SUI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Bandini McLaren
Officer — Pres & COO
Period of report
Mar 20, 2016
Accepted (ET)
Mar 22, 2016 · 10:41 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 | Mar 20, 2016 | A | 35,000 | $0.00 | A | 144,633 | D | |
| Common Stock, $0.01 par value | holding | — | — | — | 973 | I | Shares held by 401(k) Plan | |
| Common Stock, $0.01 par value | holding | — | — | — | 10 | I | Shares held in IRA |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Restricted stock. 17,500 of the shares are subject to time vesting and vest as follows: 3,500 shares vest on March 20, 2019; 5,250 shares vest on March 20, 2020; 6,125 shares vest on March 20, 2021; 1,750 shares vest on March 20, 2022; and 875 shares vest on March 20, 2023. 17,500 of the shares are subject to performance vesting based on certain market and financial performance criteria.