Filing Details
- Accession Number:
- 0001127602-14-005404
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2014-02-10 17:15:02
- Reporting Period:
- 2014-02-06
- Filing Date:
- 2014-02-10
- Accepted Time:
- 2014-02-10 17:15:02
- SEC Url:
- Form 4 Filing
Issuer
| Cik | Name | Symbol | Sector (SIC) | IRS No |
|---|---|---|---|---|
| 906107 | Equity Residential | EQR | Real Estate Investment Trusts (6798) | 363877868 |
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1414146 | J. Mark Parrell | Two North Riverside Plaza, Suite 400 Chicago IL 60606 | Executive Vice President & Cfo | No | Yes | No | No |
Reported Non-Derivative Transactions
| Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|---|---|---|---|---|---|
| Common Shares Of Beneficial Interest | Acquisiton | 2014-02-06 | 16,000 | $23.07 | 19,812 | No | 4 | M | Direct | |
| Common Shares Of Beneficial Interest | Disposition | 2014-02-06 | 16,000 | $56.05 | 3,812 | No | 4 | S | Direct | |
| Common Shares Of Beneficial Interest | Disposition | 2014-02-06 | 10,624 | $56.48 | 14,436 | No | 4 | S | Indirect | SERP Account |
| Common Shares Of Beneficial Interest | Disposition | 2014-02-07 | 3,812 | $56.95 | 0 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | S | Indirect | SERP Account |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Shares Of Beneficial Interest | Non-qualified Stock Option (Right to Buy) | Disposition | 2014-02-06 | 16,000 | $0.00 | 16,000 | $23.07 |
| Common Shares Of Beneficial Interest | Non-qualified Stock Option (Right to Buy) | Acquisiton | 2014-02-06 | 26,727 | $0.00 | 26,727 | $56.48 |
| Operating Partnership Units | LTIP Units | Acquisiton | 2014-02-06 | 12,947 | $0.00 | 12,947 | $0.00 |
| Operating Partnership Units | LTIP Units | Acquisiton | 2014-02-06 | 8,852 | $0.00 | 8,852 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 16,805 | 2019-02-06 | No | 4 | M | Direct | |
| 26,727 | 2024-02-06 | No | 4 | A | Direct | |
| 12,947 | 2024-02-06 | No | 4 | A | Direct | |
| 8,852 | 2024-02-06 | No | 4 | A | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Shares Of Beneficial Interest | 764 | Indirect | 401(k) Plan |
Footnotes
- The price represents the weighted average price of the shares sold. The shares were sold within a range of $56.00 to $56.07. 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.
- Represents shares owned by Principal Trust Company, as Trustee of the Equity Residential Supplemental Executive Retirement Plan (the "SERP"), for the benefit of the reporting person. Also includes restricted shares that the reporting person deferred to the SERP upon vesting of the shares.
- The price represents the weighted average price of the shares sold. The shares were sold within a range of $56.88 to $57.02. 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.
- Represents 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 10, 2014.
- Represents share options scheduled to vest in approximately three equal installments on February 6, 2010, February 6, 2011 and February 6, 2012.
- Represents share options scheduled to vest in three equal installments on February 6, 2015, February 6, 2016 and February 6, 2017.
- On February 6, 2014, the reporting person received a grant of restricted limited partnership interests ("LTIP Units") in ERP Operating Limited Partnership (the "Operating Partnership"), the operating partnership of Equity Residential (the "Company"), in lieu of restricted shares of the Company as part of the Company's annual grant of long-term compensation. LTIP Units are a class of partnership interest that automatically convert into an equal number of limited partnership interests of the Operating Partnership ("OP Units") when the capital account related to the LTIP Units reaches a specified target for federal income tax purposes (provided such target is reached within ten years of issuance). Subject to any vesting requirements of the grant, OP Units are redeemable by the holder for common shares of the Company on a one-for-one basis or the cash value of such shares, at the Company's option. The LTIPs reflected in this report also include any OP Units into which such LTIP Units automatically convert.
- The LTIP Units are scheduled to vest on February 6, 2017.
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