SHIFFMAN GARY A (Chairman & CEO) exercised options at SUN COMMUNITIES INC
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 1 exercise
Filed: 12/10/2025ACC: 0000912593-25-000280
DirectorOfficer· Chairman & CEO
Since Jul 2018
0.00
Net shares
Net seller
$0.00
Total acquired
0
Open market trades
0B · 0S
2
Total transactions
156.88K acquired · 156.88K disposed
Non-Derivative Transactions1
COMMON STOCK, $0.01 PAR VALUE
Indirect
Shares
+156.88K
Price / share
—
Trade value
—
% of position
New position
12/9/2025
0.00→156.88K
Total
Net shares
+156.88K
Net value
$0.00
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| COMMON STOCK, $0.01 PAR VALUE Indirect | 12/9/2025 | M · Option Exercise | +156.88K | — | — | New position | 0.00 | 156.88K |
| Total | +156.88K | $0.00 | ||||||
Derivative Transactions1
COMMON OPERATING PARTNERSHIP UNITS
Indirect
Converts to
COMMON STOCK, $0.01 PAR VALUE
156.88K shares
Shares
−156.88K
Strike price
0
Held after
0.00
Exercisable
—
12/9/2025
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| COMMON OPERATING PARTNERSHIP UNITS Indirect | COMMON STOCK, $0.01 PAR VALUE156.88K shares | 12/9/2025 | M · Option Exercise | −156.88K | 0 | — | 0.00 |
Non-Derivative Holdings (Post-Transaction)3
COMMON STOCK, $0.01 PAR VALUE
IndirectShares owned6.28K
COMMON STOCK, $0.01 PAR VALUE
IndirectShares owned86.80K
COMMON STOCK, $0.01 PAR VALUE
DirectShares owned881.17K
Total
881.17K direct·93.08K indirect974.25K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| COMMON STOCK, $0.01 PAR VALUE | 6.28K | Indirect |
| COMMON STOCK, $0.01 PAR VALUE | 86.80K | Indirect |
| COMMON STOCK, $0.01 PAR VALUE | 881.17K | Direct |
| Total | 974.25K | 881.17K direct·93.08K indirect |
Derivative Holdings (Post-Transaction)1
COMMON OPERATING PARTNERSHIP UNITS
IndirectUnderlying security
COMMON STOCK, $0.01 PAR VALUE
Underlying shares
576.22K
Shares owned
576.22K
Exercise price
0
Expiration
—
Exercise window
—
Total
Underlying
576.22K
Owned
576.22K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| COMMON OPERATING PARTNERSHIP UNITS Indirect | COMMON STOCK, $0.01 PAR VALUE | 0 | — | — | 576.22K | 576.22K |
| Total | 576.22K | 576.22K | ||||