Samuel Zell - Apr 25, 2023 Form 4 Insider Report for EQUITY LIFESTYLE PROPERTIES INC (ELS)

Role: Chairman of the Board, Director
Signature: Jennifer Krebs by Power of Attorney for Samuel Zell
Stock symbol: ELS
Transactions as of: Apr 25, 2023
Transactions value $: $3,192,457
Form type: 4
Date filed: 4/27/2023, 06:10 PM
Previous filing: Mar 2, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	ELS	Common Stock, par value $.01	Award	$100K	+1.47K	+1.72%	$68.01	86.9K	Apr 25, 2023	Direct	F1
transaction	ELS	Common Stock, par value $.01	Award	$3.09M	+45.4K	+52.2%	$68.01	132K	Apr 25, 2023	Direct	F2
transaction	ELS	Common Stock, par value $.01	Award	$7.48K	+110	+0.08%	$68.01	132K	Apr 25, 2023	Direct	F3
holding	ELS	Common Stock, par value $.01						56K	Apr 25, 2023	By Spouse	F4, F5
holding	ELS	Common Stock, par value $.01						1.2M	Apr 25, 2023	By Samstock/SZRT, L.L.C.	F6
holding	ELS	Common Stock, par value $.01						4.92M	Apr 25, 2023	By Trust	F7
holding	ELS	Common Stock, par value $.01						1.06M	Apr 25, 2023	By Samstock, L.L.C.	F4, F8
holding	ELS	Common Stock, par value $.01						35.5K	Apr 25, 2023	By Samstock/Alpha, L.L.C.	F4, F9
holding	ELS	Common Stock, par value $.01						1.61M	Apr 25, 2023	By KMJZ Investments, L.L.C.	F4, F10
holding	ELS	Common Stock, par value $.01						1.43K	Apr 25, 2023	By ZFT Kellie Trust	F11
holding	ELS	Common Stock, par value $.01						1.43K	Apr 25, 2023	By ZFT Matthew Trust	F11
holding	ELS	Common Stock, par value $.01						1.43K	Apr 25, 2023	By ZFT JoAnn Trust	F11
holding	ELS	Common Stock, par value $.01						50.9K	Apr 25, 2023	By ZFT Grandchildren Trust	F11

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Grant of restricted stock subject to vesting as follows: 1/3 on 10/25/23, 1/3 on 4/25/24, and 1/3 on 4/25/25
F2	Grant of restricted stock subject to vesting as follows: 1/3 on 4/25/24, 1/3 on 4/25/25, and 1/3 on 4/24/26
F3	Grant of restricted stock subject to vesting on 4/25/24
F4	Mr. Zell disclaims beneficial ownership of the reported securities except to the extent, if any, of its or his pecuniary interest therein, and this report shall not be deemed an admission that Mr. Zell is the beneficial owner of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, (the "Exchange Act") or for any other purpose.
F5	These shares of Common Stock are owned by the Helen Zell Revocable Trust ("HZRT"). Mr. Zell's spouse, Helen Zell, is the trustee of HZRT.
F6	Samstock/SZRT, L.L.C. is a Delaware limited liability company whose sole member is Zell Trust. Mr. Zell is the sole trustee and beneficiary of Zell Trust.
F7	These shares of Common Stock are beneficially owned by Samuel Zell Revocable Trust ("Zell Trust"), the trustee of which is Mr. Zell.
F8	Samstock, L.L.C. a Delaware limited liability company "Samstock") whose sole member is SZ Investments, L.L.C., a Delaware limited liability company ("SZ"). The managing member of SZ is Chai Trust Company, L.L.C., an Illinois limited liability company ("Chai Trust"). Mr. Zell is not an officer or director of Chai Trust and does not have voting or dispositive power over such shares.
F9	Samstock/Alpha, L.L.C. is a Delaware limited liability company ("Samstock/Alpha") whose sole member is Alphabet Partners, an Illinois partnership. Alphabet Partners is owned by various trusts established for the benefit of Zell Family. The trustee of such trusts is Chai Trust. Mr. Zell is not an officer or director of Chai Trust and does not have voting or dispositive power over such shares.
F10	KMJZ Investments, L.L.C., a Delaware limited liability company, ("KMJZ Investments") is owned by various trusts established for the benefit of the Zell Family. The trustee of such trusts is Chai Trust. Mr. Zell is not an officer or director of Chai Trust and does not have voting or dispositive power over such shares.
F11	ZFT Kellie Trust, ZFT Matthew Trust, ZFT JoAnn Trust and ZFT Grandchildren Trust (collectively, the "ZFT Trusts") are trusts established for the benefit of Mr. Zell and members of his family (the "Zell Family"). The trustee of each of the ZFT Trusts is Chai Trust. Mr. Zell is not an officer of director of Chai Trust and does not have voting or dispositive power over such shares.