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Forward Management, LLC
> UDR
| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 12/31/2022 | UDR, Inc. | UDR | 0 | -130,035 | 0 | -5,987,000 | |
| 06/30/2022 | UDR, Inc. | UDR | 130,035 | 0 | 5,987,000 | -1,473,000 | $46.04 |
| 03/31/2022 | UDR, Inc. | UDR | 130,035 | 30,035 | 7,460,000 | 1,461,000 | $57.37 |
| 12/31/2021 | UDR, Inc. | UDR | 100,000 | 100,000 | 5,999,000 | 5,999,000 | $59.99 |
| 06/30/2021 | UDR, Inc. | UDR | 0 | -30,000 | 0 | -1,316,000 | |
| 03/31/2021 | UDR, Inc. | UDR | 30,000 | 30,000 | 1,316,000 | 1,316,000 | $43.87 |
| 03/31/2020 | UDR, Inc. | UDR | 0 | -25,000 | 0 | -1,168,000 | |
| 12/31/2019 | UDR, Inc. | UDR | 25,000 | 25,000 | 1,168,000 | 1,168,000 | $46.72 |
| 03/31/2016 | UDR, Inc. | UDR | 0 | -8,408 | 0 | -316,000 | |
| 12/31/2015 | UDR, Inc. | UDR | 8,408 | 8,408 | 316,000 | 316,000 | $37.58 |
| 09/30/2015 | UDR, Inc. | UDR | 0 | -43,608 | 0 | -1,397,000 | |
| 06/30/2015 | UDR, Inc. | UDR | 43,608 | -26,300 | 1,397,000 | -982,000 | $32.04 |
| 03/31/2015 | UDR, Inc. | UDR | 69,908 | -14,000 | 2,379,000 | -207,000 | $34.03 |
| 12/31/2014 | UDR, Inc. | UDR | 83,908 | 0 | 2,586,000 | 299,000 | $30.82 |
| 09/30/2014 | UDR, Inc. | UDR | 83,908 | -12,500 | 2,287,000 | 2,000 | $27.26 |
| 06/30/2014 | UDR, Inc. | UDR | 0 | -113,608 | 0 | -2,935,000 | |
| 03/31/2014 | UDR, Inc. | UDR | 113,608 | 17,200 | 2,935,000 | 650,000 | $25.83 |
| 12/31/2013 | UDR, Inc. | UDR | 107,908 | 11,500 | 2,519,000 | 234,000 | $23.34 |
| 09/30/2013 | UDR, Inc. | UDR | 96,408 | 0 | 2,285,000 | -47,000 | $23.70 |
| 06/30/2013 | UDR, Inc. | UDR | 96,408 | 0 | 2,457,000 | 125,000 | $25.49 |
| 03/31/2013 | UDR, Inc. | UDR | 96,408 | 9,900 | 2,332,000 | 274,000 | $24.19 |
| 12/31/2012 | UDR, Inc. | UDR | 86,508 | 0 | 2,058,000 | -89,000 | $23.79 |
| 09/30/2012 | UDR, Inc. | UDR | 86,508 | 0 | 2,147,000 | -89,000 | $24.82 |
| 06/30/2012 | UDR, Inc. | UDR | 86,508 | 43,400 | 2,236,000 | 1,085,000 | $25.85 |
| 03/31/2012 | UDR, Inc. | UDR | 43,108 | 0 | 1,151,000 | 69,000 | $26.70 |
| 12/31/2011 | UDR, Inc. | UDR | 43,108 | 0 | 1,082,000 | 127,000 | $25.10 |
| 09/30/2011 | UDR, Inc. | UDR | 43,108 | -1,300 | 955,000 | -135,000 | $22.15 |
| 06/30/2011 | UDR, Inc. | UDR | 44,408 | -10,000 | 1,090,000 | -236,000 | $24.55 |
| 03/31/2011 | UDR, Inc. | UDR | 54,408 | -5,000 | 1,326,000 | -71,000 | $24.37 |
| 12/31/2010 | UDR, Inc. | UDR | 59,408 | -28,000 | 1,397,000 | -449,000 | $23.52 |
| 09/30/2010 | UDR, Inc. | UDR | 87,408 | 45,000 | 1,846,000 | 1,042,000 | $21.12 |
| 06/30/2010 | UDR, Inc. | UDR | 42,408 | 0 | 804,000 | 56,000 | $18.96 |
| 03/31/2010 | UDR, Inc. | UDR | 42,408 | 0 | 748,000 | 51,000 | $17.64 |
| 12/31/2009 | UDR, Inc. | UDR | 42,408 | 0 | 697,000 | 29,000 | $16.44 |
| 09/30/2009 | UDR, Inc. | UDR | 42,408 | 42,408 | 668,000 | 668,000 | $15.75 |
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