4//SEC Filing
Manelis Michael L 4
Accession 0001127602-25-003585
CIK 0000906107other
Filed
Feb 6, 7:00 PM ET
Accepted
Feb 7, 4:36 PM ET
Size
13.9 KB
Accession
0001127602-25-003585
Insider Transaction Report
Form 4
Manelis Michael L
Executive Vice President & COO
Transactions
- Sale
Common Shares Of Beneficial Interest
2025-02-06$72.06/sh−3,404$245,292→ 32,864 total - Award
Restricted Units
2025-02-05+19,313→ 19,313 totalExp: 2035-02-05→ Common Shares Of Beneficial Interest (19,313 underlying) - Award
Common Shares Of Beneficial Interest
2025-02-05+6,070→ 36,268 total - Sale
Common Shares Of Beneficial Interest
2025-02-06$72.06/sh−1,833$132,086→ 31,031 total - Sale
Common Shares Of Beneficial Interest
2025-02-06$72.09/sh−4,250$306,383→ 26,781 total
Holdings
- 1,326(indirect: SERP Account)
Common Shares Of Beneficial Interest
Footnotes (7)
- [F1]Represents restricted shares scheduled to vest on February 5, 2028.
- [F2]Direct total includes restricted shares of Equity Residential scheduled to vest in the future.
- [F3]Represents the sale of shares for the payment of tax liability incurred upon the vesting of restricted shares.
- [F4]Represents shares owned by Principal Trust Company, as Trustee of the Equity Residential Supplemental Executive Retirement Plan (the "SERP"), 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 0001691784
Filing Metadata
- Form type
- 4
- Filed
- Feb 6, 7:00 PM ET
- Accepted
- Feb 7, 4:36 PM ET
- Size
- 13.9 KB