Amal M. Johnson - 15 Mar 2022 Form 4 Insider Report for ESSEX PROPERTY TRUST, INC. (ESS)

Role: Director
Signature: /s/ John Farias, as Attorney in Fact
Issuer symbol: ESS
Transactions as of: 15 Mar 2022
Net transactions value: -$769,940
Form type: 4
Filing time: 16 Mar 2022, 16:19:16 UTC
Previous filing: 26 Nov 2021
Next filing: 26 Apr 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	$1,684,937	+7,329	+489%	$229.90	8,829	15 Mar 2022	Direct	F1
transaction	ESS	Common Stock	Sale	$99,861	-300	-3.4%	$332.87	8,529	15 Mar 2022	Direct	F2
transaction	ESS	Common Stock	Sale	$639,802	-1,915	-22%	$334.10	6,614	15 Mar 2022	Direct	F3
transaction	ESS	Common Stock	Sale	$1,304,092	-3,892	-59%	$335.07	2,722	15 Mar 2022	Direct	F4
transaction	ESS	Common Stock	Sale	$347,222	-1,033	-38%	$336.13	1,689	15 Mar 2022	Direct	F5
transaction	ESS	Common Stock	Sale	$33,717	-100	-5.9%	$337.17	1,589	15 Mar 2022	Direct
transaction	ESS	Common Stock	Sale	$30,183	-89	-5.6%	$339.13	1,500	15 Mar 2022	Direct

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	+7,329		$0.000000^*	0	15 Mar 2022	Common Stock	7,329	$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, $5.06 per share, was remitted to the issuer by the reporting person in addition to the exercise price of $229.90
F2	Represents the weighted average sale price for the number of shares sold. The actual sales prices range between $332.37 and $333.31. 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 $333.52 and $334.50. 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 $334.54 and $335.54. 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 $335.70 and $336.67. Detailed information on the exact number of shares sold at each sale price can be obtained from the issuer upon request.