Samuel Zell - Jan 18, 2023 Form 4 Insider Report for EQUITY RESIDENTIAL (EQR)

Role
Director, Chairman of the Board
Signature
/s/ Samantha Thompson, Attorney-in-fact
Stock symbol
EQR
Transactions as of
Jan 18, 2023
Transactions value $
$5,639,711
Form type
4
Date filed
1/20/2023, 03:15 PM
Previous filing
Jan 6, 2023
Next filing
Jan 25, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction EQR Common Shares Of Beneficial Interest Options Exercise $5.64M +121K +18.72% $46.72 766K Jan 18, 2023 Direct
holding EQR Common Shares Of Beneficial Interest 600 Jan 18, 2023 By Spouse, Trustee for Helen Zell Revocable Trust F1
holding EQR Common Shares Of Beneficial Interest 1.21M Jan 18, 2023 Samstock, L.L.C. F2
holding EQR Common Shares Of Beneficial Interest 2.73M Jan 18, 2023 Samuel Zell Revocable Trust F3
holding EQR Common Shares Of Beneficial Interest 694K Jan 18, 2023 SERP Account F4
holding EQR Common Shares Of Beneficial Interest 1.25K Jan 18, 2023 SZ JoAnn Trust F5
holding EQR Common Shares Of Beneficial Interest 1.25K Jan 18, 2023 SZ Kellie Trust F6
holding EQR Common Shares Of Beneficial Interest 1.25K Jan 18, 2023 SZ Matthew Trust F7
holding EQR Common Shares Of Beneficial Interest 154K Jan 18, 2023 Zell Family Foundation F8

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 -121K -100% $0.00* 0 Jan 18, 2023 Common Shares Of Beneficial Interest 121K $46.72 Direct F9
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares reported herein are beneficially owned by the Helen Zell Revocable Trust ("HZRT"). Mr. Zell's spouse, Helen Zell, is the trustee of HZRT. Mr. Zell disclaims beneficial ownership of the shares reported as beneficially owned by him except to the extent of any pecuniary interest therein.
F2 Shares reported herein are beneficially owned by Samstock, L.L.C. ("Samstock"). The sole member of Samstock is SZ Investments, L.L.C. ("SZ"). The managing member of SZ is Chai Trust Company, LLC ("Chai Trust"). Mr. Zell is not an officer or director of Chai Trust and does not have voting or dispositive power over such shares. Mr. Zell disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
F3 Shares reported herein are owned by the Samuel Zell Revocable Trust. Mr. Zell is sole trustee and beneficiary of the Samuel Zell Revocable Trust, and, as such, he may be deemed the beneficial owner of the shares reported herein.
F4 Represents shares owned by Principal Trust Company, as Trustee of the Equity Residential Supplemental Executive Retirement Plan, for the benefit of the reporting person, and includes shares acquired through dividend reinvestments.
F5 Shares reported herein are beneficially owned by the SZ JoAnn Trust ("SZJT"), of which Chai Trust Company, LLC ("Chai Trust") is the trustee. Mr. Zell is not an officer or director of Chai Trust and does not have voting or dispositive power over such shares. Mr. Zell disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
F6 Shares reported herein are beneficially owned by the SZ Kellie Trust ("SZKT"), of which Chai Trust Company, LLC ("Chai Trust") is the trustee. Mr. Zell is not an officer or director of Chai Trust and does not have voting or dispositive power over such shares. Mr. Zell disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
F7 Shares reported herein are beneficially owned by the SZ Matthew Trust ("SZMT"), of which Chai Trust Company, LLC ("Chai Trust") is the trustee. Mr. Zell is not an officer or director of Chai Trust and does not have voting or dispositive power over such shares. Mr. Zell disclaims beneficial ownership of such shares except to the extent of any pecuniary interest therein.
F8 Shares reported herein are beneficially owned by the Zell Family Foundation ("Foundation"). Mr. Zell is a director of the Foundation; however, Mr. Zell does not have voting or dispositive power over such shares, or any pecuniary interest therein, and therefore disclaims beneficial ownership of such shares.
F9 Represents share options which vested in three equal installments on February 7, 2014, February 7, 2015 and February 7, 2016.