SEC Form 4 · accession 0000905148-18-000473
EQUITY LIFESTYLE PROPERTIES INC · ELS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Samuel Zell
Officer — Chairman of the Board · Director
Period of report
Apr 27, 2018
Accepted (ET)
May 1, 2018 · 2:57 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000895417
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $.01F10,F3,F9 | Apr 27, 2018 | P | 20,000 | $89.5637 | A | 28,000 | I | By Spouse |
| Common Stock, par value $.01 | holding | — | — | — | 305,427 | D | ||
| Common Stock, par value $.01F1 | holding | — | — | — | 1,860,717 | I | By Trust | |
| Common Stock, par value $.01F2,F3 | holding | — | — | — | 805,333 | I | By KMJZ Investments, L.L.C. | |
| Common Stock, par value $.01F4 | holding | — | — | — | 588,266 | I | By Samstock/SZRT, L.L.C. | |
| Common Stock, par value $.01F3,F5 | holding | — | — | — | 17,774 | I | By Samstock/Alpha, L.L.C. | |
| Common Stock, par value $.01F3,F6 | holding | — | — | — | 17,774 | I | By Samstock/ZFT, L.L.C. | |
| Common Stock, par value $.01F3,F7 | holding | — | — | — | 892,000 | I | By Samstock, L.L.C. | |
| Common Stock, par value $.01F3,F8 | holding | — | — | — | 12,006 | I | By Samstock/ZGPI, L.L.C. |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares of Common Stock are beneficially owned by Samuel Zell Revocable Trust ("Zell Trust"), the trustee of which is Mr. Zell.
- F10This price reflects the weighted average price for open-market purchases of shares of Common Stock made by HZRT on April 27, 2018 within a $1.00 range. The actual prices for these transactions range from $89.42 to $89.70, inclusive. The Reporting Person further undertakes to provide upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares of Common Stock purchased at each separate price.
- F2KMJZ Investments, L.L.C., a Delaware limited liability company ("KMJZ Investments"), is owned by various trusts established for the benefit of Mr. Zell and members of his family (collectively, the "Zell Family"). The trustee of such trusts is Chai Trust Company, L.L.C., an Illinois limited liability company ("Chai Trust"). Mr. Zell is not an officer or director of Chai Trust and does not have voting or dispositive power over such shares.
- F3Mr. Zell disclaims beneficial ownership of the reported securities except to the extent, if any, of its or his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Zell is the beneficial owner of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or for any other purpose.
- F4Samstock/SZRT, L.L.C is a Delaware limited liability company whose sole member is Zell Trust. Mr. Zell is the sole trustee and beneficiary of Zell Trust.
- F5Samstock/Alpha, L.L.C. is a Delaware limited liability company ("Samstock/Alpha") whose sole member is Alphabet Partners, an Illinois partnership. Alphabet Partners is owned by various trusts established for the benefit of Zell Family, the trustee of which is Chai Trust. Mr. Zell is not an officer or director of Chai Trust and does not have voting or dispositive power over such shares.
- F6Samstock/ZFT, L.L.C. is a Delaware limited liability company whose sole member is ZFT Partnership, an Illinois partnership. ZFT Partnership is owned by various trusts established for the benefit of the Zell Family, the trustee of which is Chai Trust. Mr. Zell is not an officer or director of Chai Trust and does not have voting or dispositive power over such shares.
- F7Samstock, L.L.C. is a Delaware limited liability company whose sole member is SZ Investments, L.L.C., a Delaware limited liability company ("SZ"). The managing member of SZ is Chai Trust. Mr. Zell is not an officer or director of Chai Trust and does not have voting or dispositive power over such shares.
- F8Samstock/ZGPI, L.L.C. is a Delaware limited liability company whose sole member is Zell General Partnership, Inc. ("Zell GP"). Sam Investment Trust ("SIT") is the sole stockholder of Zell GP. Chai Trust is the trustee of SIT. Mr. Zell is not an officer or director of Chai Trust and does not have voting or dispositive power over such shares.
- F9These shares of Common Stock are owned by the Helen Zell Revocable Trust ("HZRT"). Mr. Zell's spouse, Helen Zell, is the trustee of HZRT.