David J. Neithercut - Nov 21, 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: Nov 21, 2023
Transactions value $: -$196,750
Form type: 4
Date filed: 11/22/2023, 04:06 PM
Previous filing: Nov 16, 2023
Next filing: Dec 11, 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	$1.2M	+25K		$48.13	25K	Nov 21, 2023	NSP LLC	F1
transaction	EQR	Common Shares Of Beneficial Interest	Sale	-$1.4M	-25K	-100%	$56.00	0	Nov 21, 2023	NSP LLC	F1
holding	EQR	Common Shares Of Beneficial Interest						3.39K	Nov 21, 2023	Direct
holding	EQR	Common Shares Of Beneficial Interest						2.87K	Nov 21, 2023	Family Limited Partnership	F2
holding	EQR	Common Shares Of Beneficial Interest						56.5K	Nov 21, 2023	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	-25K	-28.88%	$0.00	61.6K	Nov 21, 2023	Common Shares Of Beneficial Interest	25K	$48.13	NSP LLC	F1, F4

* 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	Represents shares beneficially owned by a family limited partnership, of which the reporting person is the general partner.
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.
F4	Represents share options which vested in three equal installments on February 6, 2015, February 6, 2016 and February 6, 2017.