Key facts
- This page summarizes Ann Hoff's Form 4 filing for EQUITY RESIDENTIAL (EQR).
- 2 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 21 Mar 2024, 16:13.
Key filing fact
Ownership activity is grounded in SEC Form 4 disclosures.
Shares, units, or other non-derivative securities reported in this filing.
Award
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
Award
Additional SEC filing notes
Footnote F1
Represents restricted shares granted for prospective service from March 19, 2024 to the 2024 Annual Meeting of Shareholders which are scheduled to vest on March 19, 2025.
Footnote F2
Direct total includes restricted shares of Equity Residential scheduled to vest in the future.
Footnote F3
On March 19, 2024, the reporting person elected to receive a grant of Series 2024C restricted limited partnership interests ("RUs") in ERP Operating Limited Partnership (the "OP"), the OP of Equity Residential (the "Company"), in connection with the Company's grant of long-term compensation for prospective service from March 19, 2024 to the 2024 Annual Meeting of Shareholders.
Footnote F4
RUs are a class of partnership interest that automatically convert into an equal number of limited partnership interests of the OP ("OP Units") when the capital account related to the RUs reaches a specified target for federal income tax purposes (provided such target is reached within ten years of issuance). Subject to the vesting requirements of the grant and certain other restrictions, OP Units are exchangeable by the holder for common shares of the Company on a one-for-one basis or the cash value of such shares, at the Company's option. The RUs reflected in this report also include any OP Units into which such RUs automatically convert.
Footnote F5
The RUs are scheduled to vest on March 19, 2025. In addition, the RUs (including any OP Units into which they may automatically convert) are subject to a holding restriction until March 19, 2026.