SEC Form 4 · accession 0001127602-17-009236
VIVMARK RESIDENTIAL · VMRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
B Joseph White
Director
Period of report
Feb 27, 2017
Accepted (ET)
Mar 1, 2017 · 4:07 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 InterestF1 | Feb 27, 2017 | M | 5,700 | $28.10 | A | 13,678 | D | |
| Common Shares Of Beneficial InterestF2,F1 | Feb 27, 2017 | S | 5,700 | $63.466 | D | 7,978 | D | |
| Common Shares Of Beneficial InterestF3 | holding | — | — | — | 25,796 | 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 | $28.10 | Feb 27, 2017 | M | 5,700 | D | — | Feb 5, 2020 | Common Shares Of Beneficial Interest | 5,700 | 1,423 | D |
Explanation of responses
- F1Direct total includes restricted shares of the Company scheduled to vest in the future.
- F2The price represents the weighted average price of the shares sold. The shares were sold within a range of $63.39 to $63.57. 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 owned by Principal Trust Company, as Trustee of the Equity Residential Supplemental Executive Retirement Plan (the "SERP"), for the benefit of the reporting person. Also includes restricted shares that the reporting person deferred to the SERP upon vesting of the shares.
- F4Represents options which vested in approximately three equal installments on February 5, 2011, February 5, 2012 and February 5, 2013 (for prospective service from the June 2010 annual meeting to the June 2011 annual meeting).