SEC Form 4 · accession 0001209191-15-042766

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 12, 2015

Accepted (ET)

May 14, 2015 · 3:54 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 $.01	May 12, 2015	A	4,000	$53.46	A	2,022,182	D
Common Stock, par value $.01^F2	holding	—	—		—	8,000	I	Spouse
Common Stock, par value $.01^F3	holding	—	—		—	588,266	I	Holding 5
Common Stock, par value $.01^F4	holding	—	—		—	12,006	I	Holding 6
Common Stock, par value $.01^F5	holding	—	—		—	201,102	I	By Trust
Common Stock, par value $.01^F6	holding	—	—		—	892,000	I	Holding 8
Common Stock, par value $.01^F7	holding	—	—		—	17,774	I	Holding 9
Common Stock, par value $.01^F8	holding	—	—		—	17,774	I	Holding 10
Depositary Shares^F5	holding	—	—		—	112,000	I	By Trust
Depositary Shares^F2	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 vesting as follows: 1/3 on 11/12/15, 1/3 on 5/12/16, and 1/3 on 5/12/17
F2Such 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 his pecuniary interest therein.
F3The shares reported herein are beneficially owned by Samstock/SZRT, L.L.C., a Delaware limited liability company whose sole member is the Sam Zell Revocable Trust ("Zell Trust"). Mr. Zell is the trustee and beneficiary of such trust.
F4The 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 his pecuniary interest therein.
F5The shares reported herein are beneficially owned by Samuel Zell Revocable Trust, the trustee of which is Samuel Zell.
F6The 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 a 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 his pecuniary interest in therein.
F7The 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 his pecuniary interest therein.
F8The 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 his pecuniary interest therein.