SEC Form 4 · accession 0001127602-17-031754
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
Nov 8, 2017
Accepted (ET)
Nov 9, 2017 · 4:42 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 | Nov 8, 2017 | M | 100,000 | $19.67 | A | 102,874 | I | Family Limited Partnership |
| Common Shares Of Beneficial InterestF2,F1 | Nov 8, 2017 | S | 100,000 | $70.169 | D | 2,874 | I | Family Limited Partnership |
| Common Shares Of Beneficial InterestF3 | holding | — | — | — | 3,230 | I | 401(k) Plan | |
| Common Shares Of Beneficial InterestF4 | holding | — | — | — | 118,502 | I | Trust I | |
| Common Shares Of Beneficial InterestF4 | 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)F5 | $19.67 | Nov 8, 2017 | M | 100,000 | D | — | Feb 6, 2019 | Common Shares Of Beneficial Interest | 100,000 | 119,562 | 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 $70.03 to $70.28. 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 October 13, 2017.
- F4Represents 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.
- F5Represents options which vested in approximately three equal installments on February 6, 2010, February 6, 2011 and February 6, 2012.