Michael J. Schall - Oct 28, 2021 Form 4 Insider Report for ESSEX PROPERTY TRUST, INC. (ESS)

Signature
/s/ John Farias, Attorney in Fact
Stock symbol
ESS
Transactions as of
Oct 28, 2021
Transactions value $
-$3,233,665
Form type
4
Date filed
10/29/2021, 07:06 PM
Previous filing
Aug 4, 2021
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 $7.55M +31.4K +73.59% $240.61 74K Oct 28, 2021 Direct F1
transaction ESS Common Stock Sale -$513K -1.5K -2.03% $341.31 72.5K Oct 28, 2021 Direct F2
transaction ESS Common Stock Sale -$2.06M -6.02K -8.3% $342.44 66.5K Oct 28, 2021 Direct F3
transaction ESS Common Stock Sale -$2.37M -6.92K -10.41% $343.16 59.5K Oct 28, 2021 Direct F4
transaction ESS Common Stock Sale -$4.21M -12.2K -20.55% $344.29 47.3K Oct 28, 2021 Direct F5
transaction ESS Common Stock Sale -$941K -2.73K -5.76% $344.92 44.6K Oct 28, 2021 Direct F6
transaction ESS Common Stock Sale -$540K -1.56K -3.5% $346.01 43K Oct 28, 2021 Direct F7
transaction ESS Common Stock Sale -$139K -400 -0.93% $346.99 42.6K Oct 28, 2021 Direct F8
holding ESS Common Stock 3.11K Oct 28, 2021 Held by spouse

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 +31.4K $0.00* 0 Oct 28, 2021 Common Stock 31.4K $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, $3.11 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 $340.61 and $341.60. 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 $341.65 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 sales prices range between $342.66 and $343.63. 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 $343.67 and $344.67. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.
F6 Represents the weighted average sale price for the number of shares sold. The actual sales prices range between $344.68 and $345.65. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.
F7 Represents the weighted average sale price for the number of shares sold. The actual sales prices range between $345.69 and $346.56. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.
F8 Represents the weighted average sale price for the number of shares sold. The actual sales prices range between $346.88 and $347.10. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.