Home/Filings/4/0001127602-17-021757
4//SEC Filing

EQUITY RESIDENTIAL 4

Accession 0001127602-17-021757

$EQRCIK 0000906107operating

Filed

Jun 18, 8:00 PM ET

Accepted

Jun 19, 4:30 PM ET

Size

8.8 KB

Accession

0001127602-17-021757

Insider Transaction Report

Form 4
Period: 2017-06-15
Transactions
  • Award

    Non-qualified Stock Option (Right to Buy)

    2017-06-15+16,76716,767 total
    Exercise: $67.77From: 2018-06-15Exp: 2027-06-15Common Shares Of Beneficial Interest (16,767 underlying)
  • Award

    Restricted Units

    2017-06-15+513513 total
    Exp: 2027-06-15Common Shares Of Beneficial Interest (513 underlying)
Footnotes (3)
  • [F1]Represents share options granted for prospective service from the 2017 Annual Meeting of Shareholders to the 2018 Annual Meeting of Shareholders.
  • [F2]On June 15, 2017, the reporting person received a grant of Series 2017D restricted limited partnership interests ("Restricted Units") in ERP Operating Limited Partnership (the "Operating Partnership"), the operating partnership of Equity Residential (the "Company"), in connection with the Company's annual grant of long-term compensation for prospective service from the 2017 Annual Meeting of Shareholders to the 2018 Annual Meeting of Shareholders. 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). Subject to the vesting requirements of the grant and certain other restrictions, OP Units are exchangeable 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 are scheduled to vest on June 15, 2018. In addition, the Restricted Units (including any OP Units into which they may automatically convert) are subject to a holding restriction until June 15, 2019.

Issuer

EQUITY RESIDENTIAL

CIK 0000906107

Entity typeoperating
IncorporatedMD

Related Parties

1
  • filerCIK 0000906107

Filing Metadata

Form type
4
Filed
Jun 18, 8:00 PM ET
Accepted
Jun 19, 4:30 PM ET
Size
8.8 KB