David J. Neithercut - 14 Nov 2023 Form 4 Insider Report for EQUITY RESIDENTIAL (EQR)

Role: Director, Chairman of the Board
Signature: /s/ Samantha Thompson, Attorney-in-fact
Issuer symbol: EQR
Transactions as of: 14 Nov 2023
Net transactions value: -$209,416
Form type: 4
Filing time: 16 Nov 2023, 16:10:18 UTC
Previous filing: 14 Nov 2023
Next filing: 22 Nov 2023
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	$1,203,250	+25,000		$48.13	25,000	14 Nov 2023	NSP LLC	F1
transaction	EQR	Common Shares Of Beneficial Interest	Sale	$1,312,575	-23,252	-93%	$56.45	1,748	14 Nov 2023	NSP LLC	F1, F2
transaction	EQR	Common Shares Of Beneficial Interest	Sale	$100,090	-1,748	-100%	$57.26	0	14 Nov 2023	NSP LLC	F1, F3
holding	EQR	Common Shares Of Beneficial Interest						3,392	14 Nov 2023	Direct
holding	EQR	Common Shares Of Beneficial Interest						2,874	14 Nov 2023	Family Limited Partnership	F4
holding	EQR	Common Shares Of Beneficial Interest						56,464	14 Nov 2023	Trust I	F5

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	-25,000	-22%	$0.000000	86,564	14 Nov 2023	Common Shares Of Beneficial Interest	25,000	$48.13	NSP LLC	F1, F6

* 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 limited liability company, of which the reporting person is the sole member.
F2	The price represents the weighted average price of the shares sold. The shares were sold within a range of $56.15 to $57.09. 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	The price represents the weighted average price of the shares sold. The shares were sold within a range of $57.18 to $57.33. 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.
F4	Represents shares beneficially owned by a family limited partnership, of which the reporting person is the general partner.
F5	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.
F6	Represents share options which vested in three equal installments on February 6, 2015, February 6, 2016 and February 6, 2017.