Shiffman Gary A's Form 4/A amendment
AmendedSun Communities Inc (SUI) · filed Mar 4, 2022
- Accession no.
- 0000912593-22-000069
- Filed
- Mar 4, 2022
- Trade date
- Nov 1, 2021
- Filing delay
- 123 days
- Rule 10b5-1 plan
- Not on the form (before 2023)
- Original filed
- Nov 2, 2021
This filing lists 1 non-derivative transaction. It carries over 1 transaction from the original filing that it did not restate. Open-market purchases total $25.6M. It was filed 123 days after the trade.
This amendment restates part of 0000912593-21-000230 (filed Nov 2, 2021). The transactions it did not restate still count and are listed below.
Reporting owners
A Form 4 can have several reporting owners, such as a person and a fund they control. Trade tables show the first one.
| Owner | Relationship to the company |
|---|---|
| Shiffman Gary ACIK 0001171077 | Director, Officer (Chairman & CEO) |
Non-derivative securities (Table I)
Acquisitions and disposals of common stock and similar shares, one row per line on the filing.
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Nov 1, 2021 | COMMON STOCK, $0.01 PAR VALUE | JOtherDisposed | −233,417 | $193.42 | −$45,147,516.14 | 940,253 | Direct |
Carried over from the original filing
This amendment restates only part of the original filing. The original's other transactions still stand, and the trade tables on Livermore count them under this amendment.
From 0000912593-21-000230 (filed Nov 2, 2021).
Non-derivative securities (Table I)
| Trade date | Security | Transaction | Shares | Price | Value | Shares after | Ownership | Flags |
|---|---|---|---|---|---|---|---|---|
| Aug 16, 2021 | COMMON STOCK, $0.01 PAR VALUE | PPurchaseAcquired | +129,486 | $197.42 | +$25,563,126.12 | 1,173,670 | Direct |
Footnotes and remarks
Livermore keeps the footnotes that transaction prices refer to, all footnotes of amendments (Form 4/A) and the filing's remarks. Other footnotes, such as how indirect holdings are held or the details of a trading plan, are only in the original on SEC EDGAR.
- F1
On November 2, 2021, the reporting person filed a Form 4 which inadvertently reported this transaction as an open market or private purchase. In fact, as reported in this amendment, the transaction should have been reported as an "other acquisition or disposition".
- F2
The reporting person transferred shares of common stock to a grantor retained annuity trust in exchange for assets of equal value, as permitted by the trust agreement. This transaction was for estate planning purposes. The reporting person is not a trustee of the grantor retained annuity trust. 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.