SEC Form 4 · accession 0001127602-16-046801
VIVMARK RESIDENTIAL · VMRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David S Santee
Officer — Executive Vice President & COO
Period of report
Mar 16, 2016
Accepted (ET)
Mar 17, 2016 · 4:43 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 | Mar 16, 2016 | M | 13,590 | $48.94 | A | 63,279 | D | |
| Common Shares Of Beneficial InterestF1 | Mar 16, 2016 | S | 13,590 | $73.20 | D | 49,689 | D | |
| Common Shares Of Beneficial InterestF1 | Mar 16, 2016 | M | 13,392 | $50.42 | A | 63,081 | D | |
| Common Shares Of Beneficial InterestF1 | Mar 16, 2016 | S | 13,392 | $73.20 | D | 49,689 | D | |
| Common Shares Of Beneficial InterestF2 | holding | — | — | — | 16 | I | 401(k) Plan |
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)F3 | $48.94 | Mar 16, 2016 | M | 13,590 | D | — | Feb 7, 2023 | Common Shares Of Beneficial Interest | 13,590 | 0 | D |
| Non-qualified Stock Option (Right to Buy)F4 | $50.42 | Mar 16, 2016 | M | 13,392 | D | — | Feb 6, 2024 | Common Shares Of Beneficial Interest | 13,392 | 13,391 | D |
Explanation of responses
- F1Direct total includes restricted shares of the Company scheduled to vest in the future.
- 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 March 10, 2016.
- F3Represents options which vested on February 7, 2014, February 7, 2015 and February 7, 2016.
- F4Represents options which are scheduled to vest on February 6, 2015, February 6, 2016 and February 6, 2017.