SEC Form 4 · accession 0001127602-17-026514

VIVMARK RESIDENTIAL · VMRK

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

David J Neithercut

Officer — President & CEO · Director

Period of report

Aug 23, 2017

Accepted (ET)

Aug 25, 2017 · 5:24 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^F1	Aug 23, 2017	M	49,369	$19.67	A	52,243	I	Family Limited Partnership
Common Shares Of Beneficial Interest^F2,F1	Aug 23, 2017	S	49,369	$68.024	D	2,874	I	Family Limited Partnership
Common Shares Of Beneficial Interest^F1	Aug 24, 2017	M	631	$19.67	A	3,505	I	Family Limited Partnership
Common Shares Of Beneficial Interest^F3,F1	Aug 24, 2017	S	631	$68.099	D	2,874	I	Family Limited Partnership
Common Shares Of Beneficial Interest^F1	Aug 24, 2017	M	25,000	$19.67	A	27,874	I	Family Limited Partnership
Common Shares Of Beneficial Interest^F4,F1	Aug 24, 2017	S	25,000	$68.26	D	2,874	I	Family Limited Partnership
Common Shares Of Beneficial Interest^F5	holding	—	—		—	3,206	I	401(k) Plan
Common Shares Of Beneficial Interest^F6	holding	—	—		—	118,502	I	Trust I
Common Shares Of Beneficial Interest^F6	holding	—	—		—	26,600	I	Trust III

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)^F7	$19.67	Aug 23, 2017	M	49,369	D	—	Feb 6, 2019	Common Shares Of Beneficial Interest	49,369	245,193	I
Non-qualified Stock Option (Right to Buy)^F7	$19.67	Aug 24, 2017	M	631	D	—	Feb 6, 2019	Common Shares Of Beneficial Interest	631	244,562	I
Non-qualified Stock Option (Right to Buy)^F7	$19.67	Aug 24, 2017	M	25,000	D	—	Feb 6, 2019	Common Shares Of Beneficial Interest	25,000	219,562	I

Explanation of responses

F1Represents shares beneficially owned by a family limited partnership, of which the reporting person is the general partner.
F2The price represents the weighted average price of the shares sold. The shares were sold within a range of $68.01 to $68.095. 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.
F3The price represents the weighted average price of the shares sold. The shares were sold within a range of $68.01 to $68.15. 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.
F4The price represents the weighted average price of the shares sold. The shares were sold within a range of $68.25 to $68.27. 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.
F5Represents 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.
F6Represents shares beneficially owned by a trust for the benefit of the reporting person's wife. The reporting person is the sole trustee of this trust and, as such, may be deemed the beneficial owner of these shares.
F7Represents options which vested in approximately three equal installments on February 6, 2010, February 6, 2011 and February 6, 2012.