SEC Form 4 · accession 0001127602-16-047941
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
Mar 29, 2016
Accepted (ET)
Mar 31, 2016 · 4:24 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 Interest | Mar 29, 2016 | M | 32,293 | $29.43 | A | 43,174 | D | |
| Common Shares Of Beneficial InterestF1 | Mar 29, 2016 | S | 32,293 | $74.765 | D | 10,881 | D | |
| Common Shares Of Beneficial Interest | Mar 30, 2016 | M | 20,000 | $29.43 | A | 30,881 | D | |
| Common Shares Of Beneficial InterestF2 | Mar 30, 2016 | S | 20,000 | $75.00 | D | 10,881 | D | |
| Common Shares Of Beneficial InterestF3 | holding | — | — | — | 291 | 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)F4 | $29.43 | Mar 29, 2016 | M | 32,293 | D | — | Feb 5, 2020 | Common Shares Of Beneficial Interest | 32,293 | 32,293 | D |
| Non-qualified Stock Option (Right to Buy)F4 | $29.43 | Mar 30, 2016 | M | 20,000 | D | — | Feb 5, 2020 | Common Shares Of Beneficial Interest | 20,000 | 12,293 | D |
Explanation of responses
- F1The price represents the weighted average price of the shares sold. The shares were sold within a range of $74.70 to $74.83. 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.
- F2The price represents the weighted average price of the shares sold. The shares were sold within a range of $75.00 to $75.01. 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.
- F3Represents 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.
- F4Represents share options which vested in approximately three equal installments on February 5, 2011, February 5, 2012 and February 5, 2013.