0001127602-17-004072.txt : 20170206
0001127602-17-004072.hdr.sgml : 20170206
20170206164056
ACCESSION NUMBER: 0001127602-17-004072
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20170202
FILED AS OF DATE: 20170206
DATE AS OF CHANGE: 20170206
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: EQUITY RESIDENTIAL
CENTRAL INDEX KEY: 0000906107
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798]
IRS NUMBER: 363877868
STATE OF INCORPORATION: MD
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: EQUITY RESIDENTIAL
STREET 2: TWO NORTH RIVERSIDE PLAZA, SUITE 400
CITY: CHICAGO
STATE: IL
ZIP: 60606
BUSINESS PHONE: 3129281178
MAIL ADDRESS:
STREET 1: TWO NORTH RIVERSIDE PLAZA
STREET 2: SUITE 400
CITY: CHICAGO
STATE: IL
ZIP: 60606
FORMER COMPANY:
FORMER CONFORMED NAME: EQUITY RESIDENTIAL PROPERTIES TRUST
DATE OF NAME CHANGE: 19930524
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Manelis Michael L
CENTRAL INDEX KEY: 0001691784
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-12252
FILM NUMBER: 17576064
MAIL ADDRESS:
STREET 1: TWO NORTH RIVERSIDE PLAZA, SUITE 400
CITY: CHICAGO
STATE: IL
ZIP: 60606
4
1
form4.xml
PRIMARY DOCUMENT
X0306
4
2017-02-02
0000906107
EQUITY RESIDENTIAL
EQR
0001691784
Manelis Michael L
TWO NORTH RIVERSIDE PLAZA, SUITE 400
CHICAGO
IL
60606
1
Executive Vice President
Common Shares Of Beneficial Interest
2017-02-02
4
A
0
1543
0
A
10515
D
Non-qualified Stock Option (Right to Buy)
60.76
2017-02-02
4
A
0
32002
0
A
2027-02-02
Common Shares Of Beneficial Interest
32002
32002
D
Restricted Units
2017-02-02
4
A
0
1590
0
A
2027-02-02
Common Shares Of Beneficial Interest
1590
1590
D
Restricted Units
2017-02-02
4
A
0
318
0
A
2027-02-02
Common Shares Of Beneficial Interest
318
318
D
Non-qualified Stock Option (Right to Buy)
60.76
2017-02-02
4
A
0
3200
0
A
2027-02-02
Common Shares Of Beneficial Interest
3200
3200
D
Represents restricted shares scheduled to vest on February 2, 2020.
Direct total includes restricted shares of the Company scheduled to vest in the future.
Represents share options scheduled to vest in approximately three equal installments on February 2, 2018, February 2, 2019 and February 2, 2020.
On February 2, 2017, the reporting person received a grant of Series 2017B restricted limited partnership interests ("Restricted Units") in ERP Operating Limited Partnership (the "Operating Partnership"), the operating partnership of Equity Residential (the "Company"), in lieu of restricted shares of the Company as part of the Company's annual grant of long-term compensation. Restricted Units are a class of partnership interest that automatically convert into an equal number of limited partnership interests of the Operating Partnership ("OP Units") when the capital account related to the Restricted Units 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 Restricted Units reflected in this report also include any OP Units into which such Restricted Units automatically convert.
These Restricted Units are scheduled to vest on February 2, 2020.
On February 2, 2017, the reporting person elected to receive a grant of Series 2017C restricted limited partnership interests ("Restricted Units") in ERP Operating Limited Partnership (the "Operating Partnership), the operating partnership of Equity Residential (the "Company"), as an alternative to cash in connection with all or a portion of their performance bonus. Restricted Units are a class of partnership interest that automatically convert into an equal number of limited partnership interests of the Operating Partnership ("OP Units") when the capital account related to the Restricted Units 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 Restricted Units reflected in this report also include any OP Units into which such Restricted Units automatically convert.
These Restricted Units vested on February 2, 2017, the date of the grant and remain subject to a two year hold requirement.
The reporting person received a grant of options as an alternative to cash in connection with all or a portion of their performance bonus. The options vested on February 2, 2017, the date of the grant.
s/ By: Jane Matz, Attorney-in-fact
2017-02-06