SEC Form 4 · accession 0000920522-19-000004
ESSEX PROPERTY TRUST, INC. · ESS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John D Eudy
Officer — Executive Vice President
Period of report
Feb 13, 2019
Accepted (ET)
Feb 15, 2019 · 4:28 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 | Feb 13, 2019 | C | 3,750 | — | A | 14,205 | D | |
| Common Stock | Feb 14, 2019 | S | 3,750 | $276.06 | D | 10,455 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Partnership UnitsF1,F2 | — | Feb 13, 2019 | C | 3,750 | D | — | — | Common Stock | 3,750 | 25,908 | D |
Explanation of responses
- F1The reporting person exchanged 3,750 Operating Partnership limited partnership units ("OP Units") of Essex Portfolio, L.P. ("EPLP") into 3,750 shares of the issuer's common stock. EPLP's OP units are exchangeable for an equal number of shares of the issuer's common stock. EPLP's OP units have no expiration date.
- F2EPLP's OP units were immediately exercisable upon issuance.