Item 3.03 Material Modifications to Rights of Security Holders.
Reclassification of 3,300,000 Shares of Common Stock as Shares of Series D
Preferred Stock
On July 15, 2020, UMH Properties, Inc. (the "Company") filed with the State
Department of Assessments and Taxation of the State of Maryland articles
supplementary (the "Articles Supplementary") reclassifying and designating
3,300,000 shares of the Company's common stock, par value $0.10 per share
("Common Stock") as shares of 6.375% Series D Cumulative Redeemable Preferred
Stock, $0.10 par value per share ("Series D Preferred Stock"). The foregoing
description of the Articles Supplementary is qualified in its entirety by
reference to the Articles Supplementary, a copy of which is filed as Exhibit 3.1
to this Form 8-K and is incorporated by reference herein.
After giving effect to the filing of the Articles Supplementary on July 15,
2020, the authorized capital stock of the Company consists of 170,413,800
shares, classified as 140,363,800 shares of Common Stock, 4,000,000 shares of
8.0% Series B Cumulative Redeemable Preferred Stock, $0.10 par value per share,
13,750,000 shares of 6.75% Series C Cumulative Redeemable Preferred Stock, $0.10
par value per share, 9,300,000 shares of Series D Preferred Stock and 3,000,000
shares of excess stock, par value $0.10 per share.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal
Year.
The information set forth in Item 3.03 above with respect to the Articles
Supplementary is incorporated in this Item 5.03 in its entirety.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
3.1 Articles Supplementary.
--------------------------------------------------------------------------------
© Edgar Online, source Glimpses
UMH PROPERTIES, INC. 
