Ann Hoff - 19 Mar 2024 Form 4 Insider Report for EQUITY RESIDENTIAL (EQR)

Source evidence Original filing metadata and source links for verification. 4 source fields
SEC form
4
Accepted by SEC
21 Mar 2024, 16:13:17 UTC
Next SEC filing
24 Jun 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Samantha Thompson, Attorney-in-fact

Key filing fact

Ann Hoff filed Form 4 for EQUITY RESIDENTIAL (EQR) on 21 Mar 2024.

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.

Change

  • No earlier filing in this sequence is available for direct comparison.
  • Current net transaction value: +$106.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

EQR transaction

Common Shares Of Beneficial Interest

Award

Transaction value
$0
Shares
+588
Change %
Price
$0.000000
Shares after
588
Date
19 Mar 2024
Ownership
Direct
Footnotes
F1, F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

EQR transaction Derivative

Restricted Units

Award

Transaction value
$106
Shares
+212
Change %
Price
$0.5000*
Shares after
212
Date
19 Mar 2024
Ownership
Direct
Underlying class
Common Shares Of Beneficial Interest
Underlying amount
212
Exercise price
Footnotes
F3, F4, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

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.

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