Exhibit 107
Calculation of Filing Fee Tables
424B7
(Form Type)
Sun Communities, Inc.
(Exact Name of Registrant as Specified in its Charter)
Table 1: Newly Registered Securities
| Security Type | Security Class Title | Fee Calculation or Carry Forward Rule | Amount Registered | Proposed Maximum Offering Price Per Unit | Maximum Aggregate Offering Price | Fee Rate | Amount of Registration Fee | Carry Forward Form Type | Carry Forward File Number | Carry Forward Initial Effective Date | Filing Fee Previously Paid in Connection with Unsold Securities to be Carried Forward | |||||||||||||
| Newly Registered Securities | ||||||||||||||||||||||||
Fees to Be Paid | Equity | Common Stock, $0.01 par value per share | Rule 457(c)(1) | 2,318,901(2) | $113.09(3) | $262,244,514(4) | 0.00014760 | $38,707.29 | ||||||||||||||||
| Carry Forward Securities | ||||||||||||||||||||||||
Carry Forward Securities | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | |||||||||||||||
| Total Offering Amounts | N/A | $38,707.29 | ||||||||||||||||||||||
| Total Fees Previously Paid | N/A | |||||||||||||||||||||||
| Total Fee Offsets | $37,024.47(5) | |||||||||||||||||||||||
| Net Fee Due | $1,682.82 | |||||||||||||||||||||||
Table 2: Fee Offset Claims and Sources
Rule 457(p)
Registrant or Filer Name | Form or Filing Type | File Number | Initial Filing Date | Filing Date | Fee Offset Claimed | Security Type Associated with Fee Offset Claimed | Security Title Associated with Fee Offset Claimed | Unsold Securities Associated with Fee Offset Claimed | Unsold Aggregate Offering Amount Associated with Fee Offset Claimed | Fee Paid with Fee Offset Source | ||||||||||||
Fees Offset Claims | Sun Communities, Inc. | 424(b)(7) | 333-255020 | April 5, 2021 | $25,746.83(5) | Equity | Common Stock, $0.01 par value per share | 1,577,176 | $235,992,845 | |||||||||||||
| Sun Communities, Inc. | 424(b)(7) | 333-255020 | March 17, 2022 | $2,252.25(5) | Equity | Common Stock, $0.01 par value per share | 141,025 | $24,287,325 | ||||||||||||||
| Sun Communities, Inc. | 424(b)(7) | 333-255020 | April 5, 2023 | $9,025.39(5) | Equity | Common Stock, $0.01 par value per share | 588,236 | $81,900,098 | ||||||||||||||
Fees Offset Sources | Sun Communities, Inc. | 424(b)(7) | 333-255020 | April 5, 2021 | $42,830(5) | |||||||||||||||||
| Sun Communities, Inc. | 424(b)(7) | 333-255020 | March 17, 2022 | $2,323(5) | ||||||||||||||||||
| Sun Communities, Inc. | 424(b)(7) | 333-255020 | April 5, 2023 | $9,025.39(5) | ||||||||||||||||||
| (1) | In accordance with Rules 456(b) and 457(r) under the Securities Act of 1933, as amended (the “Securities Act”), Sun Communities, Inc. (the “Registrant”) (Commission File No. 1-12616) initially deferred payment of all of the registration fees for the Registration Statement on Form S-3 (Registration No. 333-278371), filed on March 29, 2024. |
| (2) | Consists of 2,318,901 shares of common stock of Sun Communities, Inc., issuable upon the exchange of Series A-1 preferred OP units, Series A-3 preferred OP units, Series C preferred OP units, Series D preferred OP units, Series F preferred OP units, Series G preferred OP units, Series H preferred OP units, Series J preferred OP units, Series K preferred OP units and Series L preferred OP units issued by Sun Communities Operating Limited Partnership. |
| (3) | Estimated solely for purposes of calculating the registration fee pursuant to Rule 457(c) of the Securities Act, based on the average of the high and low prices reported for our common stock on the New York Stock Exchange on May 1, 2024. |
| (4) | The registration fee has been calculated and is being paid in accordance with Rules 457(r) and 456(b) under the Securities Act. |
| (5) | The Registrant previously paid (i) a filing fee of $42,830 in connection with the registration of 2,623,641 shares of common stock that were registered under the Registrant’s prospectus supplement pursuant to Rule 424(b)(7) filed on April 5, 2021 (the “2021 Resale Prospectus”) pursuant to the Registration Statement on Form S-3 (Registration No. 333-255020), filed with the Securities and Exchange Commission on April 2, 2021 (the “Prior Registration Statement”), (ii) a filing fee of $2,323 in connection with the registration of 145,455 shares of common stock that were registered under the Registrant’s prospectus supplement pursuant to Rule 424(b)(7) filed on March 17, 2022 (the “2022 Resale Prospectus”) pursuant to the Prior Registration Statement, and (iii) a filing fee of $9,025.39 in connection with the registration of 588,236 shares of common stock that were registered under the Registrant’s prospectus supplement pursuant to Rule 424(b)(7) filed on April 5, 2023 (the “2023 Resale Prospectus”) pursuant to the Prior Registration Statement. The offering of shares of common stock under the 2021 Resale Prospectus, the 2022 Resale Prospectus and the 2023 Resale Prospectus has been terminated prior to the date of this prospectus supplement. Pursuant to Rule 457(p), the filing fee currently due hereunder may be offset against the filing fees associated with the unsold securities under the 2021 Resale Prospectus, the 2022 Resale Prospectus and the 2023 Resale Prospectus. |
