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

Role: Director
Signature: /s/ John Farias, Attorney in Fact
Stock symbol: ESS
Transactions as of: Dec 21, 2021
Transactions value $: $9,523,595
Form type: 4
Date filed: 12/22/2021, 06:42 PM
Previous filing: Jul 20, 2021
Next filing: May 5, 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	$982K	+5.47K	+4.14%	$179.48	138K	Dec 21, 2021	Direct
transaction	ESS	Common Stock	Options Exercise	$1.08M	+4.63K	+3.36%	$233.78	142K	Dec 21, 2021	Direct
transaction	ESS	Common Stock	Options Exercise	$538K	+3.27K	+2.3%	$164.76	146K	Dec 21, 2021	Direct	F1
transaction	ESS	Common Stock	Options Exercise	$1.57M	+7K	+4.81%	$224.05	153K	Dec 21, 2021	Direct	F2
transaction	ESS	Common Stock	Options Exercise	$2.26M	+8.01K	+5.25%	$282.58	161K	Dec 21, 2021	Direct	F3
transaction	ESS	Common Stock	Options Exercise	$3.09M	+13.4K	+8.37%	$229.90	174K	Dec 21, 2021	Direct	F4

Showing 1 to 6 of 6 entries

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	-5.47K	-100%	$0.00^*	0	Dec 21, 2021	Common Stock	5.47K	$179.48	Direct
transaction	ESS	Stock Option (Right to Purchase)	Options Exercise	$0	-4.63K	-100%	$0.00^*	0	Dec 21, 2021	Common Stock	4.63K	$233.78	Direct
transaction	ESS	Stock Option (Right to Purchase)	Options Exercise	$0	-3.27K	-100%	$0.00^*	0	Dec 21, 2021	Common Stock	3.27K	$164.76	Direct
transaction	ESS	Stock Option (Right to Purchase)	Options Exercise	$0	-7K	-100%	$0.00^*	0	Dec 21, 2021	Common Stock	7K	$224.05	Direct
transaction	ESS	Stock Option (Right to Purchase)	Options Exercise	$0	-8.01K	-100%	$0.00^*	0	Dec 21, 2021	Common Stock	8.01K	$282.58	Direct
transaction	ESS	Stock Option (Right to Purchase)	Options Exercise	$0	-13.4K	-100%	$0.00^*	0	Dec 21, 2021	Common Stock	13.4K	$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.