-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, J9fRNEYgLXlbxpdudX5r0I4Cdta8am5ExXyfnvqYeY6EnNB+y5i/AI+wCN0VSqvq ChAielpp3bOp/d2fZ0Es8A== 0000950123-10-010822.txt : 20100210 0000950123-10-010822.hdr.sgml : 20100210 20100210122418 ACCESSION NUMBER: 0000950123-10-010822 CONFORMED SUBMISSION TYPE: 424B5 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20100210 DATE AS OF CHANGE: 20100210 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UDR, Inc. CENTRAL INDEX KEY: 0000074208 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 540857512 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B5 SEC ACT: 1933 Act SEC FILE NUMBER: 333-156002 FILM NUMBER: 10586954 BUSINESS ADDRESS: STREET 1: 1745 SHEA CENTER DRIVE STREET 2: SUITE 200 CITY: HIGHLANDS RANCH STATE: CO ZIP: 80129 BUSINESS PHONE: 720-283-6120 MAIL ADDRESS: STREET 1: 1745 SHEA CENTER DRIVE STREET 2: SUITE 200 CITY: HIGHLANDS RANCH STATE: CO ZIP: 80129 FORMER COMPANY: FORMER CONFORMED NAME: UNITED DOMINION REALTY TRUST INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: OLD DOMINION REAL ESTATE INVESTMENT TRUST DATE OF NAME CHANGE: 19850110 FORMER COMPANY: FORMER CONFORMED NAME: OLD DOMINION REIT ONE DATE OF NAME CHANGE: 19770921 424B5 1 d70984e424b5.htm 424B5 e424b5
     
PROSPECTUS SUPPLEMENT
  Filed pursuant to Rule 424(b)(5)
(To Prospectus Dated December 8, 2008 and
  Registration No. 333-156002
Prospectus Supplement Dated September 15, 2009)
   
2,502,447 Shares
UDR, INC.
Common Stock
     Pursuant to the ATM Equity OfferingSM* sales agreement dated September 15, 2009, entered into between us and Merrill Lynch, Pierce, Fenner & Smith Incorporated, or “BAML,” and Morgan Stanley & Co. Incorporated, or “MS,” which was filed as an exhibit to our Current Report on Form 8-K filed with the Securities and Exchange Commission on September 15, 2009 and is incorporated herein by reference, we sold 2,502,447 shares of our common stock, par value $0.01 per share, including 1,055,000 shares through BAML and 1,447,447 shares through MS, each acting as our agent, in ordinary brokers’ transactions between October 20, 2009 and February 9, 2010, at an average sales price of $16.1539 per share, for aggregate gross proceeds of approximately $40,424,331. Our aggregate net proceeds from such sales were approximately $39,614,790, after deducting related expenses, including commissions to BAML of approximately $328,962, commissions to MS of approximately $479,540, and SEC fees of $1,039.
     Our common stock is listed and trades on the New York Stock Exchange, or NYSE, under the symbol “UDR.” The last reported sale price of our common stock on the NYSE on February 9, 2010 was $15.09 per share.
     This prospectus supplement should be read in conjunction with, and may not be delivered or utilized without, the prospectus dated December 8, 2008, the prospectus supplement dated September 15, 2009 and the prospectus supplement dated October 20, 2009.
     Investing in our common stock involves risks. See “Risk Factors” beginning on page S-3 of the accompanying prospectus supplement dated September 15, 2009 and on page 1 of the accompanying prospectus dated December 8, 2008, and the risks set forth under the caption “Item 1A. Risk Factors” included in our most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q.
     Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities or determined if this prospectus supplement or the accompanying prospectus or prospectus supplement is truthful or complete. Any representation to the contrary is a criminal offense.
     
BofA Merrill Lynch
  Morgan Stanley
The date of this prospectus supplement is February 10, 2010.
 
*   ATM Equity Offering is a service mark of Merrill Lynch & Co., Inc. 

 

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