Michael L. Manelis - Jun 14, 2021 Form 4 Insider Report for EQUITY RESIDENTIAL (EQR)

Role: Executive Vice President & COO
Signature: /s/ Samantha Thompson, Attorney-in-fact
Stock symbol: EQR
Transactions as of: Jun 14, 2021
Transactions value $: -$200,900
Form type: 4
Date filed: 6/16/2021, 04:13 PM
Next filing: Jan 25, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	EQR	Common Shares Of Beneficial Interest	Options Exercise	$608K	+10K	+82.24%	$60.76	22.2K	Jun 14, 2021	Direct	F1
transaction	EQR	Common Shares Of Beneficial Interest	Sale	-$809K	-10K	-45.13%	$80.85	12.2K	Jun 14, 2021	Direct	F1, F2
holding	EQR	Common Shares Of Beneficial Interest						1.33K	Jun 14, 2021	SERP Account	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	-10K	-93.74%	$0.00	668	Jun 14, 2021	Common Shares Of Beneficial Interest	10K	$60.76	Direct	F4

* 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	The price represents the weighted average price of the shares sold. The shares were sold within a range of $80.83 to $80.88. 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 owned by Principal Trust Company, as Trustee of the Equity Residential Supplemental Executive Retirement Plan, for the benefit of the reporting person.
F4	Represents share options that vested in approximately three equal installments on February 2, 2018, February 2, 2019 and February 2, 2020.