SEC Form 4 · accession 0001127602-15-032482
VIVMARK RESIDENTIAL · VMRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark N Tennison
Officer — Executive Vice President
Period of report
Nov 23, 2015
Accepted (ET)
Nov 24, 2015 · 4:29 pm EST
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 Interest | Nov 23, 2015 | M | 16,770 | $38.57 | A | 27,651 | D | |
| Common Shares Of Beneficial InterestF1 | Nov 23, 2015 | S | 16,770 | $80.082 | D | 10,881 | D | |
| Common Shares Of Beneficial InterestF2 | holding | — | — | — | 260 | I | 401(k) Plan | |
| Common Shares Of Beneficial InterestF3 | holding | — | — | — | 670 | I | SERP Account |
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 | $38.57 | Nov 23, 2015 | M | 16,770 | D | — | Feb 7, 2018 | Common Shares Of Beneficial Interest | 16,770 | 1,430 | D |
Explanation of responses
- F1The price represents the weighted average price of the shares sold. The shares were sold within a range of $80.00 to $80.18. 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.
- F2Represents shares acquired through profit sharing contributions and dividend reinvestment activity in the reporting person's account with the Equity Residential Advantage 401(k) Retirement Savings Plan, a plan qualified under Section 401(k) of the Internal Revenue Code of 1986, as amended. Such shares represent acquisitions through October 12, 2015.
- F3Represents shares owned by Principal Trust Company, as Trustee of the Equity Residential Supplemental Executive Retirement Plan, for the benefit of the reporting person.
- F4Represents share options scheduled to vest in three equal installments on February 7, 2009, February 7, 2010 and February 7, 2011. The reporting person disclaims beneficial ownership of a portion of such options except to the extent of his pecuniary interest therein.