SEC Form 4 · accession 0000920522-17-000091
ESSEX PROPERTY TRUST, INC. · ESS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gary P Martin
Director
Period of report
Nov 6, 2017
Accepted (ET)
Nov 8, 2017 · 12:57 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 6, 2017 | M | 1,000 | $155.34 | A | 6,236 | D | |
| Common Stock | Nov 6, 2017 | S | 1,000 | $255.59 | D | 5,236 | 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) | $155.34 | Nov 6, 2017 | M | 1,000 | D | May 15, 2013 | May 15, 2022 | Common Stock | 1,000 | 1,000 | D |
Explanation of responses
- F1Under the options terms, the maximum value that the reporting person could receive is $100 per share. The value in excess of such amount, $0.25, was remitted to the Issuer by the reporting person in addition to the exercise price of $155.34.