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4//SEC Filing

EQUITY RESIDENTIAL 4

Accession 0001127602-15-005047

$EQRCIK 0000906107operating

Filed

Feb 8, 7:00 PM ET

Accepted

Feb 9, 4:49 PM ET

Size

8.1 KB

Accession

0001127602-15-005047

Insider Transaction Report

Form 4
Period: 2015-02-05
Powers John
Executive Vice President
Transactions
  • Award

    Restricted Units

    2015-02-05+1,7811,781 total
    Exp: 2025-02-05Operating Partnership Units (1,781 underlying)
Holdings
  • Common Shares Of Beneficial Interest

    1,500.42
  • Common Shares Of Beneficial Interest

    (indirect: By 401(k))
    294.525
Footnotes (3)
  • [F1]Represents shares acquired through profit sharing contributions and dividend reinvestment activity in the reporting person's account with the Equity Residential Advantage 401(k) Retirement Savings Plan, a plan qualified under Section 401(k) of the Internal Revenue Code of 1986, as amended. Such shares represent acquisitions through January 10, 2015.
  • [F2]On February 5, 2015, the reporting person elected to receive a grant of Series 2015B restricted limited partnership interests ("Restricted Units", formerly known as "LTIP Units") in ERP Operating Limited Partnership (the "Operating Partnership"), the operating partnership of Equity Residential (the "Company"), in connection with all or a portion of their performance bonus. Restricted Units are a class of partnership interest that automatically convert into an equal number of limited partnership interests of the Operating Partnership ("OP Units") when the capital account related to the Restricted Units reaches a specified target for federal income tax purposes (provided such target is reached within ten years of issuance). OP Units are redeemable by the holder for common shares of the Company on a one-for-one basis or the cash value of such shares, at the Company's option. The Restricted Units reflected in this report also include any OP Units into which such Restricted Units automatically convert.
  • [F3]The Restricted Units vested on February 5, 2015, the date of the grant and remain subject to a two year hold requirement.

Issuer

EQUITY RESIDENTIAL

CIK 0000906107

Entity typeoperating
IncorporatedMD

Related Parties

1
  • filerCIK 0000906107

Filing Metadata

Form type
4
Filed
Feb 8, 7:00 PM ET
Accepted
Feb 9, 4:49 PM ET
Size
8.1 KB