SEC Form 4 · accession 0000912593-17-000032
SUN COMMUNITIES INC · SUI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary A Shiffman
Officer — Chairman & CEO · Director
Period of report
Mar 1, 2017
Accepted (ET)
Mar 15, 2017 · 10:05 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 1, 2017 | F | 1,562 | $0.00 | D | 1,233,952 | D | |
| COMMON STOCK, $0.01 PAR VALUEF2 | Mar 14, 2017 | A | 150,000 | $0.00 | A | 1,383,952 | D | |
| COMMON STOCK, $0.01 PAR VALUEF3 | holding | — | — | — | 453,841 | I | Shares held by LLC | |
| COMMON STOCK, $0.01 PAR VALUEF4 | holding | — | — | — | 86,810 | I | Owned by irrevocable trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Adjusted to reflect direct ownership of 2,475 shares unintentionally omitted from prior Form 4 filings.
- F2Restricted stock. 75,000 of the shares are subject to time vesting and vest as follows: 15,000 shares vest on March 14, 2020; 22,500 shares vest on March 14, 2021; 26,250 shares vest on March 14, 2022; 7,500 shares vest on March 14, 2023; and 3,750 shares vest on March 14, 2024. 75,000 of the shares are subject to performance vesting based on certain market and financial performance criteria.
- F3Owned by certain limited liability companies of which the reporting person is a member and a manager.
- F4Owned by irrevocable trust of which the reporting person is not a trustee.