Angela L. Kleiman - Oct 27, 2021 Form 4 Insider Report for ESSEX PROPERTY TRUST, INC. (ESS)

Role
Sr. EVP & COO
Signature
/s/ John Farias, Attorney in Fact
Stock symbol
ESS
Transactions as of
Oct 27, 2021
Transactions value $
-$1,745,495
Form type
4
Date filed
10/28/2021, 07:50 PM
Next filing
Dec 2, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESS Common Stock Options Exercise $4.15M +17.2K +242.36% $240.61 24.4K Oct 27, 2021 Direct F1
transaction ESS Common Stock Sale -$4.13M -12.1K -49.65% $341.44 12.3K Oct 27, 2021 Direct F2
transaction ESS Common Stock Sale -$1.1M -3.23K -26.29% $342.15 9.04K Oct 27, 2021 Direct F3
transaction ESS Common Stock Sale -$385K -1.12K -12.42% $343.01 7.92K Oct 27, 2021 Direct F4
transaction ESS Common Stock Sale -$276K -803 -10.14% $344.21 7.12K Oct 27, 2021 Direct F5

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 -17.2K -100% $0.00* 0 Oct 27, 2021 Common Stock 17.2K $240.61 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, $1.19 per share, was remitted to the issuer by the reporting person in addition to the exercise price of $240.61.
F2 Represents the weighted average sale price for the number of shares sold. The actual sales prices range between $340.60 and $341.50. 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 $341.66 and $342.65. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.
F4 Represents the weighted average sale price for the number of shares sold. The actual sale prices range between $342.68 and $343.59. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.
F5 Represents the weighted average sale price for the number of shares sold. The actual sales prices range between $343.77 and $344.91. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.