David J. Neithercut - May 10, 2021 Form 4 Insider Report for EQUITY RESIDENTIAL (EQR)

Role: Director
Signature: /s/ Samantha Thompson, Attorney-in-fact
Stock symbol: EQR
Transactions as of: May 10, 2021
Transactions value $: -$622,343
Form type: 4
Date filed: 5/12/2021, 04:19 PM
Next filing: May 21, 2021

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EQR	Common Shares Of Beneficial Interest	Options Exercise	$945K	+20.9K	+725.92%	$45.28	23.7K	May 10, 2021	Family Limited Partnership	F1
transaction	EQR	Common Shares Of Beneficial Interest	Sale	-$1.57M	-20.9K	-87.89%	$75.11	2.87K	May 10, 2021	Family Limited Partnership	F1, F2
holding	EQR	Common Shares Of Beneficial Interest						3.39K	May 10, 2021	Direct
holding	EQR	Common Shares Of Beneficial Interest						56.5K	May 10, 2021	Trust I	F3

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	EQR	Non-qualified Stock Option (Right to Buy)	Options Exercise	$0	-20.9K	-6.72%	$0.00	290K	May 10, 2021	Common Shares Of Beneficial Interest	20.9K	$45.28	Family Limited Partnership	F1

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

Explanation of Responses:

Id	Content
F1	Represents shares beneficially owned by a family limited partnership, of which the reporting person is the general partner.
F2	The price represents the weighted average price of the shares sold. The shares were sold within a range of $75.00 to $75.24. The reporting person will provide, upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3	Represents shares beneficially owned by a trust for the benefit of the reporting person's wife. The reporting person is the sole trustee of this trust and, as such, may be deemed the beneficial owner of these shares.