0000803649-19-000066.txt : 20190624
0000803649-19-000066.hdr.sgml : 20190624
20190624161837
ACCESSION NUMBER: 0000803649-19-000066
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190620
FILED AS OF DATE: 20190624
DATE AS OF CHANGE: 20190624
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: ZELL SAMUEL
CENTRAL INDEX KEY: 0001024193
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-09317
FILM NUMBER: 19915442
MAIL ADDRESS:
STREET 1: TWO N RIVERSIDE PLAZA
STREET 2: SUITE 600
CITY: CHICAGO
STATE: IL
ZIP: 60606
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: Equity Commonwealth
CENTRAL INDEX KEY: 0000803649
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 046558834
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: TWO NORTH RIVERSIDE PLAZA
STREET 2: SUITE 2100
CITY: CHICAGO
STATE: IL
ZIP: 60606
BUSINESS PHONE: 312.646.2800
MAIL ADDRESS:
STREET 1: TWO NORTH RIVERSIDE PLAZA
STREET 2: SUITE 2100
CITY: CHICAGO
STATE: IL
ZIP: 60606
FORMER COMPANY:
FORMER CONFORMED NAME: CommonWealth REIT
DATE OF NAME CHANGE: 20100702
FORMER COMPANY:
FORMER CONFORMED NAME: HRPT PROPERTIES TRUST
DATE OF NAME CHANGE: 19980701
FORMER COMPANY:
FORMER CONFORMED NAME: HEALTH & RETIREMENT PROPERTIES TRUST
DATE OF NAME CHANGE: 19940811
4
1
wf-form4_156140750206696.xml
FORM 4
X0306
4
2019-06-20
0
0000803649
Equity Commonwealth
EQC
0001024193
ZELL SAMUEL
C/O EQUITY COMMONWEALTH
TWO NORTH RIVERSIDE PLAZA, SUITE 2100
CHICAGO
IL
60606
1
0
0
1
Chairman of the Board
Common Shares of Beneficial Interest
2019-06-20
5
G
0
E
583422
D
0
D
Common Shares of Beneficial Interest
2019-06-20
5
G
0
E
583422
A
583422
I
By trust
Common Shares of Beneficial Interest
2584300
I
See footnote
Restricted Share Units
2019-06-20
5
G
0
E
41718
D
Common Stock
41718.0
0
D
Restricted Share Units
2019-06-20
5
G
0
E
41718
A
Common Stock
41718.0
41718
I
By trust
This transaction represents a transfer of Common Shares of Beneficial Interest of Equity Commonwealth ("Common Shares") directly owned by the Reporting Person to the Samuel Zell Revocable Trust (the "Trust"), of which the Reporting Person is the trustee and a beneficiary. This is not a market transaction, thus no price has been reported and no value was received for the transferred shares.
The Reporting Person beneficially owns these Common Shares indirectly through the Trust.
These Common Shares are held by EGI-CW Holdings, L.L.C. ("EGI-CW"), which is indirectly controlled by Chai Trust Company, LLC ("Chai"). Two entities, in which trusts established for the benefit of the family of the Reporting Person, the trustee of each of which is Chai, indirectly own interests, are members of EGI-CW. The Reporting Person is not an officer or a director of Chai and does not have voting or dispositive power over the Common Shares, and therefore disclaims beneficial ownership thereof, except to the extent of any pecuniary interest therein indirectly held by his family.
Each Restricted Share Unit ("RSU") represents the right to receive one Common Share, subject to the terms and conditions set forth in the applicable Equity Commonwealth equity compensation plan and the applicable restricted share unit agreement for the Reporting Person.
This transaction represents a transfer of RSUs directly held by the Reporting Person to the Trust. This is not a market transaction, thus no price has been reported and no value was received for the transferred RSUs.
These RSUs will vest in February of 2020, subject to the Reporting Person's continued service with Equity Commonwealth through such date.
The Reporting Person beneficially owns these RSUs indirectly through the Trust.
/s/ Orrin S. Shifrin, attorney-in-fact
2019-06-24