Kleiman Angela L. 4
4 · ESSEX PROPERTY TRUST, INC. · Filed Dec 13, 2024
Insider Transaction Report
Form 4
Kleiman Angela L.
President and CEO
Transactions
- Conversion
LTIP Units
2024-12-11−3,831→ 0 total→ Common Stock (3,831 underlying) - Conversion
Operating Partnership Units
2024-12-11+3,831→ 11,331 total→ Common Stock (3,831 underlying)
Footnotes (2)
- [F1]Represents long-term incentive plan units ("LTIP Units") in Essex Portfolio, L.P ("EPLP").
- [F2]Represents the conversion of vested LTIP units, which were granted on December 9, 2014, into EPLP operating partnership units on a one for one basis. The right to convert LTIP units into EPLP operating partnership units does not have an expiration date. EPLP operating partnership units are exchangeable by the Reporting Person at any time for an equal number of shares of the Issuer's common stock. EPLP operating partnership units have no expiration date.