SEC Form 4 · accession 0001024193-16-000006
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
May 10, 2016
Accepted (ET)
May 12, 2016 · 3:10 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 $.01F1 | May 10, 2016 | A | 4,000 | $74.53 | A | 2,286,182 | D | |
| Common Stock, par value $.01F2 | May 10, 2016 | A | 101 | $74.53 | A | 2,286,283 | D | |
| Common Stock, par value $.01F3 | holding | — | — | — | 8,000 | I | Spouse | |
| Common Stock, par value $.01F4 | holding | — | — | — | 588,266 | I | Holding 5 | |
| Common Stock, par value $.01F5 | holding | — | — | — | 12,006 | I | Holding 6 | |
| Common Stock, par value $.01F6 | holding | — | — | — | 201,102 | I | By Trust | |
| Common Stock, par value $.01F7 | holding | — | — | — | 892,000 | I | Holding 8 | |
| Common Stock, par value $.01F8 | holding | — | — | — | 17,774 | I | Holding 9 | |
| Common Stock, par value $.01F9 | holding | — | — | — | 17,774 | I | Holding 10 | |
| Depositary SharesF6 | holding | — | — | — | 112,000 | I | By Trust | |
| Depositary SharesF3 | holding | — | — | — | 76,000 | I | By Spouse |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Grant of restricted stock subject to vest as follows: 1/3 on 11/10/16, 1/3 on 5/10/17, and 1/3 on 5/10/18
- F2Grant of restricted stock subject to vesting on 5/10/17
- F3Such shares are owned by the Helen Zell Revocable Trust ("HZRT"). Samuel Zell's spouse, Helen Zell, is the trustee of HZRT. Samuel Zell disclaims beneficial ownership of such shares held by HZRT except to the extent of any pecuniary interest therein.
- F4The shares reported herein are beneficially owned by Samstock/SZRT, L.L.C., a Delaware limited liability company whose sole member is the Samuel Zell Revocable Trust ("Zell Trust"). Mr. Zell is the trustee and beneficiary of such trust.
- F5The shares herein are beneficially owned by Samstock/ZGPI, L.L.C., 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 Company, LLC ("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. Mr. Zell disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
- F6The shares reported herein are beneficially owned by Samuel Zell Revocable Trust, the trustee of which is Samuel Zell.
- F7The shares reported herein are beneficially owned by Samstock, L.L.C., a Delaware limited liability company whose sole member is SZ Investments, L.L.C. ("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. Mr. Zell disclaims beneficial ownership of such shares except to the extent of any pecuniary interest in therein.
- F8The shares reported herein are beneficially owned by Samstock/Alpha, L.L.C., a Delaware limited liability company whose sole member is Alphabet Partners, an Illinois Partnership. Alphabet Partners is owned by various trusts established for the benefit of Mr. Zell and members of his 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. Mr. Zell disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
- F9The shares reported herein are beneficially owned by Samstock/ZFT, L.L.C., 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 Mr. Zell and members of his 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. Mr. Zell disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.