4//SEC Filing
Fenster Scott 4
Accession 0001127602-25-003573
CIK 0000906107other
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 4:22 PM ET
Size
11.8 KB
Accession
0001127602-25-003573
Insider Transaction Report
Form 4
Fenster Scott
EVP & General Counsel
Transactions
- Sale
Common Shares Of Beneficial Interest
2025-02-06$72.06/sh−1,955$140,877→ 38,892 total - Sale
Common Shares Of Beneficial Interest
2025-02-06$72.06/sh−3,385$243,923→ 35,507 total - Award
Restricted Units
2025-02-05+12,197→ 12,197 totalExp: 2035-02-05→ Common Shares Of Beneficial Interest (12,197 underlying)
Holdings
- 2,271(indirect: By Trust)
Common Shares Of Beneficial Interest
- 337(indirect: By 401(k))
Common Shares Of Beneficial Interest
Footnotes (7)
- [F1]Represents the sale of shares for the payment of tax liability incurred upon the vesting of restricted shares.
- [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 17, 2025.
- [F4]Represents shares beneficially owned by a trust for the benefit of the reporting person.
- [F5]On February 5, 2025, the reporting person received a grant of Series 2025B restricted limited partnership interests ("RUs") in ERP Operating Limited Partnership (the "OP"), the operating partnership of Equity Residential (the "Company"), in lieu of restricted shares of the Company as part of the Company's annual grant of long-term compensation.
- [F6]RUs are a class of partnership interest that automatically convert into an equal number of limited partnership interests of the OP ("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). 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 RUs reflected in this report also include any OP Units into which such RUs automatically convert.
- [F7]The Restricted Units are scheduled to vest on February 5, 2028.
Documents
Issuer
EQUITY RESIDENTIAL
CIK 0000906107
Entity typeother
Related Parties
1- filerCIK 0001722913
Filing Metadata
- Form type
- 4
- Filed
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 4:22 PM ET
- Size
- 11.8 KB