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ZIMMERMAN CRAIG K 4

Accession 0000920522-18-000015

CIK 0000920522other

Filed

Mar 13, 8:00 PM ET

Accepted

Mar 14, 1:44 PM ET

Size

7.9 KB

Accession

0000920522-18-000015

Insider Transaction Report

Form 4
Period: 2018-03-13
ZIMMERMAN CRAIG K
Executive V.P., Acquisitions
Transactions
  • Conversion

    Operating Partnership Units

    2018-03-13+11,00048,701 total
    Common Stock (11,000 underlying)
  • Conversion

    Series Z-1 Incentive Units

    2018-03-13$1.00/sh11,000$11,0000 total
    Operating Partnership Units (11,000 underlying)
Footnotes (2)
  • [F1]These Series Z-1 incentive units converted into Essex Portfolio, L.P. ("EPLP") operating partnership units upon the Series Z-1 units, which were granted in May 2010, reaching a 100% conversion ratchet percentage. EPLP operating partnership units are exchangeable by the reporting person at any time following the conversion for an equal number of shares of the issuer's common stock. EPLP operating partnership units have no expiration date.
  • [F2]The Series Z-1 incentive units were purchased by the reporting person for $1 per each incentive unit and had no expiration date.

Issuer

ESSEX PROPERTY TRUST INC

CIK 0000920522

Entity typeother

Related Parties

1
  • filerCIK 0001200100

Filing Metadata

Form type
4
Filed
Mar 13, 8:00 PM ET
Accepted
Mar 14, 1:44 PM ET
Size
7.9 KB