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

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

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.