GEORGE M. MARCUS - 21 Dec 2021 Form 4 Insider Report for ESSEX PROPERTY TRUST, INC. (ESS)

Role: Director
Signature: /s/ John Farias, Attorney in Fact
Issuer symbol: ESS
Transactions as of: 21 Dec 2021
Net transactions value: +$9,523,595
Form type: 4
Filing time: 22 Dec 2021, 18:42:51 UTC
Previous filing: 20 Jul 2021
Next filing: 05 May 2022
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	$981,935	+5,471	+4.1%	$179.48	137,616	21 Dec 2021	Direct
transaction	ESS	Common Stock	Options Exercise	$1,082,401	+4,630	+3.4%	$233.78	142,246	21 Dec 2021	Direct
transaction	ESS	Common Stock	Options Exercise	$537,941	+3,265	+2.3%	$164.76	145,511	21 Dec 2021	Direct	F1
transaction	ESS	Common Stock	Options Exercise	$1,568,350	+7,000	+4.8%	$224.05	152,511	21 Dec 2021	Direct	F2
transaction	ESS	Common Stock	Options Exercise	$2,264,031	+8,012	+5.3%	$282.58	160,523	21 Dec 2021	Direct	F3
transaction	ESS	Common Stock	Options Exercise	$3,088,936	+13,436	+8.4%	$229.90	173,959	21 Dec 2021	Direct	F4

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	-5,471	-100%	$0.000000^*	0	21 Dec 2021	Common Stock	5,471	$179.48	Direct
transaction	ESS	Stock Option (Right to Purchase)	Options Exercise	$0	-4,630	-100%	$0.000000^*	0	21 Dec 2021	Common Stock	4,630	$233.78	Direct
transaction	ESS	Stock Option (Right to Purchase)	Options Exercise	$0	-3,265	-100%	$0.000000^*	0	21 Dec 2021	Common Stock	3,265	$164.76	Direct
transaction	ESS	Stock Option (Right to Purchase)	Options Exercise	$0	-7,000	-100%	$0.000000^*	0	21 Dec 2021	Common Stock	7,000	$224.05	Direct
transaction	ESS	Stock Option (Right to Purchase)	Options Exercise	$0	-8,012	-100%	$0.000000^*	0	21 Dec 2021	Common Stock	8,012	$282.58	Direct
transaction	ESS	Stock Option (Right to Purchase)	Options Exercise	$0	-13,436	-100%	$0.000000^*	0	21 Dec 2021	Common Stock	13,436	$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, $74.67 per share, is payable to the issuer by the reporting person in addition to the exercise price of $164.76.
F2	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, $15.38 per share, is payable to the issuer by the reporting person in addition to the exercise price of $224.05.
F3	Under the terms of the stock options, the maximum value that the reporting person could receive is $100 per share.
F4	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, $9.53 per share, is payable to the issuer by the reporting person in addition to the exercise price of $229.90.