SEC Form 4 · accession 0001127602-17-026503
VIVMARK RESIDENTIAL · VMRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce C Strohm
Officer — EVP & General Counsel
Period of report
Aug 23, 2017
Accepted (ET)
Aug 25, 2017 · 4:33 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 | Aug 23, 2017 | M | 25,000 | $51.34 | A | 36,255 | D | |
| Common Shares Of Beneficial InterestF2,F1 | Aug 23, 2017 | S | 25,000 | $68.002 | D | 11,255 | D | |
| Common Shares Of Beneficial InterestF3 | holding | — | — | — | 3,212 | 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 | $51.34 | Aug 23, 2017 | M | 25,000 | D | — | Feb 3, 2022 | Common Shares Of Beneficial Interest | 25,000 | 32,906 | 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 $68.00 to $68.03. 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 July 15, 2017.
- F4Represents share options which vested in three equal installments on February 3, 2013, February 3, 2014 and February 3, 2015.