SEC Form 4 · accession 0000912593-18-000036
SUN COMMUNITIES INC · SUI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Gary A Shiffman
Officer — Chairman & CEO · Director
Period of report
Feb 19, 2018
Accepted (ET)
Feb 21, 2018 · 1:46 pm EST
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 | Feb 19, 2018 | A | 100,000 | $0.00 | A | 1,442,789 | D | |
| COMMON STOCK, $0.01 PAR VALUEF2 | holding | — | — | — | 341,763 | I | Shares held by LLC | |
| COMMON STOCK, $0.01 PAR VALUEF3 | holding | — | — | — | 86,810 | I | Owned by irrevocable trust |
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 February 19, 2021; 15,000 shares vest on February 19, 2022; 17,500 shares vest on February 19, 2023; 5,000 shares vest on February 19, 2024; and 2,500 shares vest on February 19, 2025. 50,000 of the shares are subject to performance vesting based on certain market and financial performance criteria.
- F2Owned by certain limited liability companies of which the reporting person is a member and a manager. The reporting person disclaims beneficial ownership, except to the extent of his pecuniary interest therein.
- F3Owned by irrevocable trust of which the reporting person is not a trustee.