4//SEC Filing
Sorenson Christa L 4
Accession 0001127602-20-002083
CIK 0000906107other
Filed
Jan 20, 7:00 PM ET
Accepted
Jan 21, 4:38 PM ET
Size
6.2 KB
Accession
0001127602-20-002083
Insider Transaction Report
Form 4
Sorenson Christa L
Executive Vice President
Transactions
- Award
Restricted Units
2020-01-16+2,538→ 2,538 totalExp: 2027-01-01→ Common Shares Of Beneficial Interest (2,538 underlying)
Footnotes (2)
- [F1]Represents restricted limited partnership interests ("Restricted Units") in ERP Operating Limited Partnership (the "Operating Partnership"), the operating partnership of Equity Residential (the "Company"), retained in connection with the settlement of an award under the Company's 2017 Long-Term Incentive Plan. 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). Such target has been reached and these Restricted Units have converted to OP Units. Subject to the vesting requirements of the grant and certain other conditions, OP Units are exchangeable by the holder for common shares of the Company on a one-for-one basis or cash value of such shares, at the Company's option.
- [F2]The Restricted Units are scheduled to vest on January 30, 2020.
Documents
Issuer
EQUITY RESIDENTIAL
CIK 0000906107
Entity typeother
Related Parties
1- filerCIK 0001661968
Filing Metadata
- Form type
- 4
- Filed
- Jan 20, 7:00 PM ET
- Accepted
- Jan 21, 4:38 PM ET
- Size
- 6.2 KB