SEC FORM 5 SEC Form 5
FORM 5 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

ANNUAL STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
 
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Form 3 Holdings Reported.
Form 4 Transactions Reported.
1. Name and Address of Reporting Person*
SHIFFMAN GARY A

(Last) (First) (Middle)
27777 FRANKLIN ROAD
SUITE 200

(Street)
SOUTHFIELD MI 48034

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SUN COMMUNITIES INC [ SUI ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman & CEO
3. Statement for Issuer's Fiscal Year Ended (Month/Day/Year)
12/31/2020
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned at end of Issuer's Fiscal Year (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Amount (A) or (D) Price
COMMON STOCK, $0.01 PAR VALUE 11/13/2020 G 92,671(1) A $0 845,558 D
COMMON STOCK, $0.01 PAR VALUE 12/18/2020 G 92,671(2) D $0 752,887 D
COMMON STOCK, $0.01 PAR VALUE 12/28/2020 G 47,269(3) A $0 800,156 D
COMMON STOCK, $0.01 PAR VALUE 12/31/2020 G 76,000(4) D $0 16,671 I Owned by spouse
COMMON STOCK, $0.01 PAR VALUE 460,060 I Owned by a grantor retained annuity trust(5)
COMMON STOCK, $0.01 PAR VALUE 86,810 I Owned by irrevocable trust(6)
COMMON STOCK, $0.01 PAR VALUE 76,000 I Owned by spouse's irrevocable trust(7)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
(A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. On November 13, 2020 the reporting person received a distribution of 92,671 shares of Sun Communities, Inc.'s common stock, $0.01 par value, from the grantor retained annuity trust described in footnote 5 below.
2. On December 18, 2020 the reporting person gifted 92,671 shares of Sun Communities, Inc.'s common stock, $0.01 par value, to the reporting person's spouse.
3. On December 28, 2020 the reporting person received a distribution of 47,269 shares of Sun Communities, Inc.'s common stock, $0.01 par value, from the grantor retained annuity trust described in footnote 5 below
4. On December 29, 2020 the reporting person's spouse, contributed 76,000 shares of Sun Communities, Inc.'s common stock, $0.01 par value, to an irrevocable trust of which the reporting person is a trustee and the reporting person's spouse is a beneficiary.
5. Owned by grantor retained annuity trust of which the reporting person is not a trustee. The reporting person is the only beneficiary during the term of the grantor retained annuity trust. At the end of the annuity term, the remaining property in the grantor retained annuity trust will be distributed to a trust for the benefit of the reporting person's spouse and descendants of which the reporting person is not a trustee.
6. Owned by irrevocable trust of which the reporting person is not a trustee.
7. Owned by an irrevocable trust of which the reporting person is a trustee and the reporting person's spouse is a beneficiary.
Remarks:
Gary A. Shiffman 02/12/2021
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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