X0303 4 2010-05-27 0 0000923118 HOME PROPERTIES INC HME 0001142312 HELBIG LEONARD F III HOME PROPERTIES, INC. 850 CLINTON SQUARE ROCHESTER NY 14604 1 0 0 0 Phantom Stock Units 0 2010-05-27 4 A 0 709 0 A Common Stock 709 18700 D Converts to common stock on a one-for-one basis. Represents phantom stock accrued to the Reporting Person's account pursuant to the Issuer's Director Deferred Compensation Plan at prices ranging from $47.31 to $48.2601. Represents phantom stock accrued in lieu of cash in payment of meeting and stipend fees, the Issuer's contribution to the account pursuant to the Plan and hypothetical shares accrued pursuant to the dividend reinvestment feature of the Plan. The Reporting Person's account will be paid in the form of the Issuer's common stock on or about the dividend payment following the 3rd, 5th or 10th anniversary of the deferral depending on the election of the Reporting Person. /s/ Leonard F. Helbig, III, By Ann M. McCormick, attorney-in-fact 2010-06-01