ZIMMERMAN CRAIG K 4

4 · ESSEX PROPERTY TRUST, INC. · Filed Nov 26, 2019

Form 4

Period: 2019-11-25

Executive V.P., Acquisitions

Transactions

Exercise/Conversion
Common Stock
2019-11-25$143.03/sh+699$99,978→ 13,544 total
Exercise/Conversion
Common Stock
2019-11-25$152.63/sh+2,166$330,597→ 15,710 total
Exercise/Conversion
Stock Option (Right to Purchase)
2019-11-25−1,514→ 0 total
Exercise: $132.03From: 2011-12-06Exp: 2021-12-06→ Common Stock (1,514 underlying)
Exercise/Conversion
Common Stock
2019-11-25$132.03/sh+1,514$199,893→ 12,845 total
Exercise/Conversion
Stock Option (Right to Purchase)
2019-11-25−699→ 0 total
Exercise: $143.03From: 2012-12-11Exp: 2019-12-11→ Common Stock (699 underlying)
Sale
Common Stock
2019-11-25$310.59/sh−4,379$1,360,074→ 11,331 total
Exercise/Conversion
Stock Option (Right to Purchase)
2019-11-25−2,166→ 0 total
Exercise: $152.63From: 2014-12-10Exp: 2023-12-10→ Common Stock (2,166 underlying)

Footnotes (6)

[F1]Under the options terms, the maximum value that the Reporting Person could receive is $100 per share. The value in excess of such amount, $78.71, was remitted to the Issuer by the Reporting Person in addition to the exercise price of $132.03.
[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, $92.54, was remitted to the Issuer by the Reporting Person in addition to the exercise price of $143.03.
[F3]Under the options terms, the maximum value that the Reporting Person could receive is $100 per share. The value in excess of such amount, $57.87, was remitted to the Issuer by the Reporting Person in addition to the exercise price of $152.63.
[F4]Vested 10% on December 6, 2011, and 20% on each annual anniversary thereafter.
[F5]Vested 10% on December 11, 2012, and 20% on each annual anniversary thereafter.
[F6]Vested 20% on December 10, 2014 and 1/60th on each monthly anniversary thereafter.

Documents

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