Scott Fenster - 21 May 2021 Form 4 Insider Report for EQUITY RESIDENTIAL (EQR)

Role: EVP & General Counsel
Signature: /s/ Samantha Thompson, Attorney-in-fact
Issuer symbol: EQR
Transactions as of: 21 May 2021
Net transactions value: -$47,320
Form type: 4
Filing time: 25 May 2021, 16:13:48 UTC
Next filing: 25 Jan 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EQR	Common Shares Of Beneficial Interest	Options Exercise	$102,680	+2,000	+9.5%	$51.34	22,969	21 May 2021	Direct	F1
transaction	EQR	Common Shares Of Beneficial Interest	Sale	$150,000	-2,000	-8.7%	$75.00	20,969	21 May 2021	Direct	F1
holding	EQR	Common Shares Of Beneficial Interest						294	21 May 2021	401(k) Plan	F2

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	-2,000	-100%	$0.000000^*	0	21 May 2021	Common Shares Of Beneficial Interest	2,000	$51.34	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Direct total includes restricted shares of Equity Residential scheduled to vest in the future.
F2	Represents shares acquired through profit sharing contributions and dividend reinvestment activity in the reporting person's account with the Equity Residential Advantage 401(k) Retirement Savings Plan, a plan qualified under Section 401(k) of the Internal Revenue Code of 1986, as amended. Such shares represent acquisitions through April 10, 2021.
F3	Represents share options which vested in approximately three equal installments on February 3, 2013, February 3, 2014 and February 3, 2015.