ZIMMERMAN CRAIG K 4
4 · ESSEX PROPERTY TRUST INC · Filed Dec 12, 2017
Insider Transaction Report
Form 4
ZIMMERMAN CRAIG K
Executive V.P., Acquisitions
Transactions
- Exercise/Conversion
Stock Option (Right to Purchase)
2017-12-11−1,001→ 699 totalExercise: $143.03From: 2012-12-11Exp: 2019-12-11→ Common Stock (1,001 underlying) - Exercise/Conversion
Common Stock
2017-12-11$143.03/sh+1,001$143,173→ 11,284 total - Sale
Common Stock
2017-12-11$247.24/sh−1,001$247,487→ 10,283 total
Footnotes (3)
- [F1]The transactions reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 3, 2017.
- [F2]Under the options terms, the maximum value that the reporting person could receive is $75 per share. The value in excess of such amount, $29.21, was remitted to the Issuer by the reporting person in addition to the exercise price of $143.03.
- [F3]Vested 10% on December 11, 2012 and 20% on each annual anniversary thereafter.