SEC Form 4 · accession 0000920522-15-000078

ESSEX PROPERTY TRUST, INC. · ESS

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

Reporting owner

Officer — Executive Vice President

Period of report

Dec 15, 2015

Accepted (ET)

Dec 16, 2015 · 12:32 pm EST

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
Common Stock^F2	Dec 15, 2015	M	2,500	$132.03	A	9,268	D
Common Stock	Dec 15, 2015	S	2,500	$233.25	D	6,768	D
Common Stock^F3	Dec 15, 2015	M	3,400	$143.03	A	10,168	D
Common Stock	Dec 15, 2015	S	3,400	$234.18	D	6,768	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Option (Right to Purchase)^F2,F4	$132.03	Dec 15, 2015	M	2,500	D	—	Dec 6, 2021	Common Stock	2,500	1,250	D
Stock Option (Right to Purchase)^F3,F5	$143.03	Dec 15, 2015	M	3,400	D	—	Dec 11, 2019	Common Stock	3,400	5,100	D

F1The transactions reported in this Form 4 were made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on August 25, 2015.
F2Under the options terms, the maximum value that the reporting person could receive is $100 per share. The value in excess of such amount, $1.22, was remitted to the Issuer by the reporting person in addition to the exercise price of $132.03.
F3Under the options terms, the maximum value that the reporting person could receive is $75 per share. The value in excess of such amount, $16.15, was remitted to the Issuer by the reporting person in addition to the exercise price of $143.03.
F4Vested 10% on December 6, 2011, and 20% on each annual anniversary thereafter.
F5Vested 10% on December 11, 2012, and 20% on each annual anniversary thereafter.