Angela L. Kleiman - 11 Dec 2024 Form 4 Insider Report for ESSEX PROPERTY TRUST, INC. (ESS)

Role: President and CEO
Signature: /s/ Brennan McGreevy, Attorney in Fact
Issuer symbol: ESS
Transactions as of: 11 Dec 2024
Net transactions value: $0
Form type: 4
Filing time: 13 Dec 2024, 19:33:24 UTC
Previous filing: 12 Dec 2024
Next filing: 11 Feb 2025
SEC: View on sec.gov

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	LTIP Units	Conversion of derivative security	$0	-3,831	-100%	$0.000000	0	11 Dec 2024	Common Stock	3,831		Direct	F1, F2
transaction	ESS	Operating Partnership Units	Conversion of derivative security		+3,831	+51%		11,331	11 Dec 2024	Common Stock	3,831		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Represents long-term incentive plan units ("LTIP Units") in Essex Portfolio, L.P ("EPLP").
F2	Represents the conversion of vested LTIP units, which were granted on December 9, 2014, into EPLP operating partnership units on a one for one basis. The right to convert LTIP units into EPLP operating partnership units does not have an expiration date. EPLP operating partnership units are exchangeable by the Reporting Person at any time for an equal number of shares of the Issuer's common stock. EPLP operating partnership units have no expiration date.

Content

Represents long-term incentive plan units ("LTIP Units") in Essex Portfolio, L.P ("EPLP").

Represents the conversion of vested LTIP units, which were granted on December 9, 2014, into EPLP operating partnership units on a one for one basis. The right to convert LTIP units into EPLP operating partnership units does not have an expiration date. EPLP operating partnership units are exchangeable by the Reporting Person at any time for an equal number of shares of the Issuer's common stock. EPLP operating partnership units have no expiration date.