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

Role
Director
Signature
/s/ John Farias, as Attorney in Fact
Stock symbol
ESS
Transactions as of
Mar 15, 2022
Transactions value $
-$769,940
Form type
4
Date filed
3/16/2022, 04:19 PM
Previous filing
Nov 26, 2021
Next filing
Apr 26, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESS Common Stock Options Exercise $1.68M +7.33K +488.6% $229.90 8.83K Mar 15, 2022 Direct F1
transaction ESS Common Stock Sale -$99.9K -300 -3.4% $332.87 8.53K Mar 15, 2022 Direct F2
transaction ESS Common Stock Sale -$640K -1.92K -22.45% $334.10 6.61K Mar 15, 2022 Direct F3
transaction ESS Common Stock Sale -$1.3M -3.89K -58.84% $335.07 2.72K Mar 15, 2022 Direct F4
transaction ESS Common Stock Sale -$347K -1.03K -37.95% $336.13 1.69K Mar 15, 2022 Direct F5
transaction ESS Common Stock Sale -$33.7K -100 -5.92% $337.17 1.59K Mar 15, 2022 Direct
transaction ESS Common Stock Sale -$30.2K -89 -5.6% $339.13 1.5K Mar 15, 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 +7.33K $0.00* 0 Mar 15, 2022 Common Stock 7.33K $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.