Filing Details

Accession Number:
0001127602-21-006183
Form Type:
4
Zero Holdings:
No
Publication Time:
2021-02-17 16:28:11
Reporting Period:
2021-02-12
Accepted Time:
2021-02-17 16:28:11
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
1750568 Robert Garechana Two North Riverside Plaza
Suite 400
Chicago IL 60606
Evp & Chief Financial Officer 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 2021-02-12 1,927 $0.00 22,949 No 4 A Direct
Common Shares Of Beneficial Interest Disposition 2021-02-16 873 $67.11 22,076 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
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) Acquisiton 2021-02-12 32,687 $0.00 32,687 $67.48
Common Shares Of Beneficial Interest Restricted Units Acquisiton 2021-02-12 2,020 $0.00 2,020 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
32,687 2031-02-12 No 4 A Direct
2,020 2031-02-12 No 4 A Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Shares Of Beneficial Interest 140 Indirect 401(k) Plan
Footnotes
  1. Represents restricted shares scheduled to vest on February 12, 2024.
  2. Direct total includes restricted shares of Equity Residential scheduled to vest in the future.
  3. Represents the sale of shares for the payment of tax liability incurred upon the vesting of restricted shares.
  4. 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 16, 2021.
  5. Represents share options scheduled to vest in approximately three equal installments on February 12, 2022, February 12, 2023 and February 12, 2024.
  6. On February 12, 2021, the reporting person received a grant of Series 2021B restricted limited partnership interests ("Restricted 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. Restricted 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 Restricted Units reaches a specified target for federal income tax purposes (provided such target is reached within ten years of issuance). Subject to the vesting requirements of the grant and certain other restrictions, OP Units are exchangeable 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 Restricted Units reflected in this report also include any OP Units into which such Restricted Units automatically convert.
  7. The Restricted Units are scheduled to vest on February 12, 2024.