Rylan Burns - 01 Jan 2024 Form 3 Insider Report for ESSEX PROPERTY TRUST, INC. (ESS)

Role
Sr. VP, Investment Strategy
Signature
/s/ John Farias, Attorney in Fact
Issuer symbol
ESS
Transactions as of
01 Jan 2024
Net transactions value
$0
Form type
3
Filing time
10 Jan 2024, 18:38:25 UTC
Next filing
09 Feb 2024
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding ESS Common Stock 1,686 01 Jan 2024 Direct F1

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) 01 Jan 2024 Common Stock 1,289 $339.44 Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Includes 698 unvested restricted stock units pursuant to a grant of 1,048 restricted stock units made on December 9, 2022, which previously vested with respect to 1/3 of such number of granted restricted stock units and will continue to vest as to 1/3 on each grant date anniversary ending on December 9, 2025, subject to the Reporting Person's continued service through the applicable vesting date.
F2 1/3 of these stock options vested on November 30, 2022, another 1/3 vested on November 30, 2023, and the remaining 1/3 will vest on November 30, 2024. Stock options are subject to a $100 cap upon exercise.

Remarks:

Ex. 24 - Power of Attorney - Rylan K. Burns