MICHAEL J. SCHALL - 07 Dec 2023 Form 4 Insider Report for ESSEX PROPERTY TRUST, INC. (ESS)

Role
Director
Signature
/s/ John Farias, Attorney in Fact
Issuer symbol
ESS
Transactions as of
07 Dec 2023
Net transactions value
-$978,997
Form type
4
Filing time
11 Dec 2023, 16:54:05 UTC
Previous filing
04 Jan 2023
Next filing
03 Jan 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESS Common Stock Award $0 +12,586 +28% $0.000000 57,718 07 Dec 2023 Direct F1
transaction ESS Common Stock Tax liability $978,997 -4,354 -7.5% $224.85 53,364 07 Dec 2023 Direct F2
holding ESS Common Stock 3,126 07 Dec 2023 Held by spouse
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 As determined on December 7, 2023, this amount represents all the restricted stock units originally granted on December 2, 2020 that are now earned following the achievement of performance criteria based on the Issuer's relative total return to shareholders measured against industry-specific index through December 1, 2023.
F2 Represents the number of shares of common stock withheld by the Company to satisfy tax withholding requirements in connection with the release of restricted stock units that were granted on December 2, 2020.