Thomas E. Robinson - Sep 9, 2021 Form 4 Insider Report for ESSEX PROPERTY TRUST, INC. (ESS)

Role
Director
Signature
/s/ John Farias, as Attorney in Fact
Stock symbol
ESS
Transactions as of
Sep 9, 2021
Transactions value $
-$739,198
Form type
4
Date filed
9/10/2021, 07:20 PM
Previous filing
Sep 1, 2021
Next filing
May 11, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESS Common Stock Options Exercise $1.68M +7.33K +161.25% $229.90 11.9K Sep 9, 2021 Direct F1
transaction ESS Common Stock Sale -$2.28M -6.91K -58.18% $330.73 4.97K Sep 9, 2021 Direct F2
transaction ESS Common Stock Sale -$139K -421 -8.48% $331.22 4.55K Sep 9, 2021 Direct F3

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 -7.33K -100% $0.00* 0 Sep 9, 2021 Common Stock 7.33K $229.90 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, $0.86 per share, was remitted to the issuer by the reporting person in addition to the exercise price of $229.90.
F2 Represents the weighted average sale price for the number of shares sold. The actual sales prices range between $330.15 and $331.135. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.
F3 Represents the weighted average sale price for the number of shares sold. The actual sales prices range between $331.16 and $331.29. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.