SEC Form 4 · accession 0000920522-15-000045
ESSEX PROPERTY TRUST, INC. · ESS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael J Schall
Officer — President and CEO
Period of report
Aug 18, 2015
Accepted (ET)
Aug 18, 2015 · 6:55 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000920522
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Aug 18, 2015 | M | 10,000 | $132.03 | A | 43,586 | D | |
| Common Stock | Aug 18, 2015 | S | 10,000 | $232.03 | D | 33,586 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right to purchase)F1 | $132.03 | Aug 18, 2015 | M | 10,000 | D | Dec 6, 2011 | Dec 6, 2021 | Common Stock | 10,000 | 10,000 | D |
Explanation of responses
- F1Under the options terms, the maximum value that the reporting person could receive is $100 per share.