Anne Morrison - 08 Dec 2022 Form 3 Insider Report for ESSEX PROPERTY TRUST, INC. (ESS)

Role
SVP - General Counsel
Signature
/s/ John Farias, Attorney in Fact
Issuer symbol
ESS
Transactions as of
08 Dec 2022
Net transactions value
$0
Form type
3
Filing time
12 Dec 2022, 15:42:07 UTC
Next filing
13 Dec 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ESS Common Stock 707 08 Dec 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
holding ESS Stock Option (Right to Purchase) 08 Dec 2022 Common Stock 1,314 $311.43 Direct F1
holding ESS Stock Option (Right to Purchase) 08 Dec 2022 Common Stock 4,044 $248.70 Direct F2
holding ESS Stock Option (Right to Purchase) 08 Dec 2022 Common Stock 3,222 $339.44 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These stock options are fully vested as of the date of this report. Stock options were subject to a $100 cap upon exercise.
F2 6,066 stock options were originally granted on December 2, 2020. 1/3 vested on December 2, 2021 and have been fully exercised as of the date of this report. Another 1/3 vested on December 2, 2022 and the remaining 1/3 will vest on December 2, 2023. Stock options are subject to a $100 cap upon exercise.
F3 1/3 of these stock options vested on November 30, 2022 and 1/3 on each anniversary thereafter ending on November 30, 2024. Stock options are subject to a $100 cap upon exercise.

Remarks:

Ex. 24 - Power of Attorney - Anne Morrison