4//SEC Filing
Garechana Robert 4
Accession 0001127602-23-002188
CIK 0000906107other
Filed
Jan 24, 7:00 PM ET
Accepted
Jan 25, 4:29 PM ET
Size
10.3 KB
Accession
0001127602-23-002188
Insider Transaction Report
Form 4
Garechana Robert
EVP & Chief Investment Officer
Transactions
- Award
Restricted Units
2023-01-23+1,172→ 1,172 totalExp: 2030-01-01→ Common Shares Of Beneficial Interest (1,172 underlying) - Award
Common Shares Of Beneficial Interest
2023-01-23+1,123→ 26,359 total
Holdings
- 1,870(indirect: SERP Account)
Common Shares Of Beneficial Interest
- 149(indirect: By 401(k))
Common Shares Of Beneficial Interest
Footnotes (6)
- [F1]Represents restricted shares of Equity Residential (the "Company") issued in connection with the settlement of an award under the Company's 2020 Long-Term Incentive Plan which are scheduled to vest on February 13, 2023.
- [F2]Direct total includes restricted shares of Equity Residential scheduled to vest in the future.
- [F3]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 13, 2023.
- [F4]Represents shares owned by Principal Trust Company, as Trustee of the Equity Residential Supplemental Executive Retirement Plan, for the benefit of the reporting person.
- [F5]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 2020 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.
- [F6]The Restricted Units are scheduled to vest on February 13, 2023.
Documents
Issuer
EQUITY RESIDENTIAL
CIK 0000906107
Entity typeother
Related Parties
1- filerCIK 0001750568
Filing Metadata
- Form type
- 4
- Filed
- Jan 24, 7:00 PM ET
- Accepted
- Jan 25, 4:29 PM ET
- Size
- 10.3 KB