DAVID J. NEITHERCUT - 07 Dec 2023 Form 4 Insider Report for EQUITY RESIDENTIAL (EQR)

Signature
/s/ Samantha Thompson, Attorney-in-fact
Issuer symbol
EQR
Transactions as of
07 Dec 2023
Net transactions value
-$251,250
Form type
4
Filing time
11 Dec 2023, 16:15:58 UTC
Previous filing
22 Nov 2023
Next filing
19 Dec 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 $1,203,250 +25,000 $48.13 25,000 07 Dec 2023 NSP LLC F1
transaction EQR Common Shares Of Beneficial Interest Sale $1,454,500 -25,000 -100% $58.18 0 07 Dec 2023 NSP LLC F1, F2
holding EQR Common Shares Of Beneficial Interest 3,392 07 Dec 2023 Direct
holding EQR Common Shares Of Beneficial Interest 2,874 07 Dec 2023 Family Limited Partnership F3
holding EQR Common Shares Of Beneficial Interest 56,464 07 Dec 2023 Trust I F4

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 -41% $0.000000 36,564 07 Dec 2023 Common Shares Of Beneficial Interest 25,000 $48.13 NSP LLC F1, F5
* 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 $58.16 to $58.24. 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 beneficially owned by a family limited partnership, of which the reporting person is the general partner.
F4 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.
F5 Represents share options which vested in three equal installments on February 6, 2015, February 6, 2016 and February 6, 2017.