SEC Form 4 · accession 0001127602-15-021628
VIVMARK RESIDENTIAL · VMRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
B Joseph White
Director
Period of report
Jun 26, 2015
Accepted (ET)
Jun 30, 2015 · 4:12 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000906107
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Shares Of Beneficial InterestF1 | Jun 26, 2015 | S | 16,645 | $71.20 | D | 33,794 | I | SERP Account |
| Common Shares Of Beneficial InterestF2 | Jun 29, 2015 | M | 5,598 | $23.07 | A | 10,131 | D | |
| Common Shares Of Beneficial InterestF3,F2 | Jun 29, 2015 | S | 5,598 | $70.802 | D | 4,533 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Non-qualified Stock Option (Right to Buy)F4 | $23.07 | Jun 29, 2015 | M | 5,598 | D | — | Feb 6, 2019 | Common Shares Of Beneficial Interest | 5,598 | 5,500 | D |
Explanation of responses
- F1Represents shares owned by Principal Trust Company, as Trustee of the Equity Residential Supplemental Executive Retirement Plan, for the benefit of the reporting person.
- F2Direct total includes restricted shares of the Company scheduled to vest in the future.
- F3The price represents the weighted average price of the shares sold. The shares were sold within a range of $70.80 to $70.802. The reporting person will provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F4Represents share options scheduled to vest in approximately three equal installments on February 6, 2010, February 6, 2011 and February 6, 2012.