SEC Form 4 · accession 0001127602-19-005146
VIVMARK RESIDENTIAL · VMRK
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Barry Altshuler
Officer — Executive Vice President
Period of report
Feb 7, 2019
Accepted (ET)
Feb 11, 2019 · 5:25 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 7, 2019 | M | 10,000 | $60.76 | A | 44,080 | D | |
| Common Shares Of Beneficial InterestF2,F1 | Feb 7, 2019 | S | 10,000 | $73.29 | D | 34,080 | D | |
| Common Shares Of Beneficial InterestF3 | holding | — | — | — | 1,314 | I | 401(k) Plan | |
| Common Shares Of Beneficial InterestF4 | holding | — | — | — | 62 | I | Spouse |
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 | $60.76 | Feb 7, 2019 | M | 10,000 | D | — | Feb 2, 2027 | Common Shares Of Beneficial Interest | 10,000 | 15,535 | D |
Explanation of responses
- F1Direct total includes restricted shares of Equity Residential 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 $73.28 to $73.32. 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 January 14, 2019.
- F4Represents shares beneficially owned by Mr. Altshuler's spouse. Mr. Altshuler disclaims beneficial ownership of said shares except to the extent of his pecuniary interest therein.
- F5The reporting person received a grant of options as an alternative to cash in connection with all or a portion of their performance bonus. The options vested on February 2, 2017, the date of the grant.