Thomas E. Robinson - 12 May 2021 Form 4 Insider Report for ESSEX PROPERTY TRUST, INC. (ESS)

Role
Director
Signature
/s/ John Farias, as Attorney in Fact
Issuer symbol
ESS
Transactions as of
12 May 2021
Net transactions value
-$286,184
Form type
4
Filing time
21 May 2021, 12:34:22 UTC
Previous filing
21 May 2021
Next filing
01 Sep 2021
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESS Common Stock Options Exercise $509,364 +2,838 +62% $179.48 7,383 12 May 2021 Direct F1
transaction ESS Common Stock Sale $795,548 -2,838 -38% $280.32 4,545 12 May 2021 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ESS Stock Option (Right to Purchase) Options Exercise $0 -2,838 -100% $0.000000* 0 12 May 2021 Common Stock 2,838 $179.48 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Under the terms of the stock options, the maximum value that the reporting person could receive is $100 per share. Accordingly, the value in excess of such amount, $0.84 per share, was remitted to the Issuer by the reporting person in addition to the exercise price of $179.48.