Amal M. Johnson - 30 Aug 2024 Form 4 Insider Report for ESSEX PROPERTY TRUST, INC. (ESS)

Role
Director
Signature
/s/ Brennan McGreevy, Attorney in Fact
Issuer symbol
ESS
Transactions as of
30 Aug 2024
Net transactions value
-$165,523
Form type
4
Filing time
04 Sep 2024, 20:19:49 UTC
Previous filing
05 Aug 2024
Next filing
19 Sep 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ESS Common Stock Options Exercise $83,413 +370 +14% $225.44 2,955 30 Aug 2024 Direct F1
transaction ESS Common Stock Sale $111,000 -370 -13% $300.00 2,585 30 Aug 2024 Direct F1
transaction ESS Common Stock Options Exercise $486,964 +2,083 +81% $233.78 4,668 30 Aug 2024 Direct F1
transaction ESS Common Stock Sale $624,900 -2,083 -45% $300.00 2,585 30 Aug 2024 Direct F1
holding ESS Common Stock 500 30 Aug 2024 By Trust

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 -370 -100% $0.000000 0 30 Aug 2024 Common Stock 370 $225.44 Direct F1
transaction ESS Stock Option (Right to Purchase) Options Exercise $0 -2,083 -100% $0.000000 0 30 Aug 2024 Common Stock 2,083 $233.78 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The transaction reported in this Form 4 was effected pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on February 8, 2024.