UDR appoints Joe Fisher as President and CFO; grants $5M performance-based equity award

UDR, Inc.

Joseph D. Fisher, 42, promoted to President and CFO effective May 19, 2022; previously SVP and CFO since Jan 2017.
Awarded $5M in Class 2 Performance LTIP Units; shares earned only if stock price reaches $60-$75 hurdles.
Performance measured over 5-year period starting May 19, 2023; units vest on sixth anniversary if hurdles met.
Award represents less than 0.1% of shares outstanding; requires significant stock price appreciation for payout.
As President, Fisher takes on additional responsibilities in innovation, ESG oversight, and human capital.

item 5.02 item 7.01 item 9.01

Executive movements

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Role change

Joseph D. Fisher

President and Chief Financial Officer

UDR · UDR, Inc.

Effective: 2022-05-19
Filed: May 23, 2022, 7:59 PM ET

Effective May 19, 2022, the Board of Directors of UDR, Inc. (the "Company") appointed Joseph D. Fisher, the Company’s Senior Vice President – Chief Financial Officer, as President and Chief Financial Officer.

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Executive change SEC 8-K Item 5.02 confidence 0.95

Joseph D. Fisher was appointed as President and Chief Financial Officer at UDR, Inc..

Action: appointed
Role: President and Chief Financial Officer

Exact text from the filing

Effective May 19, 2022, the Board of Directors of UDR, Inc. (the "Company") appointed Joseph D. Fisher, the Company’s Senior Vice President – Chief Financial Officer, as President and Chief Financial Officer.

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UDR, Inc. filing history →

Source: SEC EDGAR

accession 0000074208-22-000039

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