4//SEC Filing
Parrell Mark J. 4
Accession 0001127602-21-002593
CIK 0000906107other
Filed
Jan 25, 7:00 PM ET
Accepted
Jan 26, 4:25 PM ET
Size
6.2 KB
Accession
0001127602-21-002593
Insider Transaction Report
Form 4
Parrell Mark J.
DirectorPresident & CEO
Transactions
- Award
Restricted Units
2021-01-22+11,812→ 11,812 totalExp: 2028-01-01→ Common Shares Of Beneficial Interest (11,812 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 2018 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 February 12, 2021.
Documents
Issuer
EQUITY RESIDENTIAL
CIK 0000906107
Entity typeother
Related Parties
1- filerCIK 0001414146
Filing Metadata
- Form type
- 4
- Filed
- Jan 25, 7:00 PM ET
- Accepted
- Jan 26, 4:25 PM ET
- Size
- 6.2 KB