4//SEC Filing
Brackenridge Alexander 4
Accession 0001127602-24-001904
CIK 0000906107other
Filed
Jan 22, 7:00 PM ET
Accepted
Jan 23, 4:14 PM ET
Size
6.3 KB
Accession
0001127602-24-001904
Insider Transaction Report
Form 4
Brackenridge Alexander
Executive Vice President & CIO
Transactions
- Award
Restricted Units
2024-01-19+14,377→ 14,377 totalExp: 2031-01-01→ Common Shares Of Beneficial Interest (14,377 underlying)
Footnotes (3)
- [F1]Represents restricted limited partnership interests ("RUs") 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 2021 Long-Term Incentive Plan.
- [F2]RUs 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 RUs 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 RUs 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.
- [F3]The RUs are scheduled to vest on February 1, 2024.
Documents
Issuer
EQUITY RESIDENTIAL
CIK 0000906107
Entity typeother
Related Parties
1- filerCIK 0001633662
Filing Metadata
- Form type
- 4
- Filed
- Jan 22, 7:00 PM ET
- Accepted
- Jan 23, 4:14 PM ET
- Size
- 6.3 KB