-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NIRDhbS+SF+gh3iD/27UI5Hkov1zo2+ld2HlKj066nFCsU3X/MD7Ag5kaY8tS+ZN XAUSgxXJYPwR/ZrgE+Rq+g== 0000914121-98-000249.txt : 19980401 0000914121-98-000249.hdr.sgml : 19980401 ACCESSION NUMBER: 0000914121-98-000249 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980320 FILED AS OF DATE: 19980330 DATE AS OF CHANGE: 19980331 SROS: NYSE SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ESSEX PROPERTY TRUST INC CENTRAL INDEX KEY: 0000920522 STANDARD INDUSTRIAL CLASSIFICATION: 6798 IRS NUMBER: 770369576 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 3 SEC ACT: SEC FILE NUMBER: 001-13106 FILM NUMBER: 98580770 BUSINESS ADDRESS: STREET 1: 777 CALIFORNIA AVE CITY: PALO ALTO STATE: CA ZIP: 94304 BUSINESS PHONE: 4154943700 MAIL ADDRESS: STREET 1: 777 CALIFORNIA AVENUE CITY: PALO ALTO STATE: CA ZIP: 94304 COMPANY DATA: COMPANY CONFORMED NAME: WALTON WILLIAM H III CENTRAL INDEX KEY: 0001058795 STANDARD INDUSTRIAL CLASSIFICATION: OWNER FILING VALUES: FORM TYPE: 3 BUSINESS ADDRESS: STREET 1: 599 LEXINGTON AVENUE CITY: NEW YORK STATE: NY ZIP: 10022 BUSINESS PHONE: 9729340100 3 1 FORM 3 - - -------------------------------------------------------------------------------- FORM 3 - - -------------------------------------------------------------------------------- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 - - ------------------------------------- OMB Approval - - ------------------------------------- OMB Number: 3235-0104 Expires: September 30, 1998 Estimated average burden hours per response.........0.5 - - ------------------------------------- - - -------------------------------------------------------------------------------- (Print or Type Responses) 1. Name and Address of Reporting Person* Walton III William H. ---------------------------------------------------------------- (Last) (First) (Middle) 599 Lexington Avenue, Suite 3800 ---------------------------------------------------------------- (Street) New York New York 10022 ---------------------------------------------------------------- (City) (State) (Zip) 2. Date of Event Requiring Statement (Month/Day/Year) 3/20/98 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Issuer name and Ticker or Trading Symbol Essex Property Trust, Inc. - ESS 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) -- Director X 10% Owner (FN1) -- Officer (give title below) -- Other (specify below) 6. If Amendment, Date of Original (Month/Day/Year) 7. Individual or Joint/Group Filing (Check applicable Line) X Form Filed by One Reporting Person Form Filed by More than One Reporting Person Table I Non-Derivative Securities Beneficially Owned 1. Title of Security 2. Amount of 3. Ownership 4. Nature of Indirect (Instr. 4) Securities Form: Direct Beneficial Beneficially (D) or Indirect Ownership Owned (I) (Instr. 5) (Instr. 5) (Instr. 4) Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. *If the form is filed by more than one reporting person, SEE Instruction 5(b)(v). Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. FORM 3 (continued)
Table II-- Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) 1. Title of 2. Date Exer- 3. Title and Amount of 4. Conver- 5. Owner- 6. Nature of Derivative cisable and Securities Underlying sion or ship Form Indirect Security Expiration Derivative Security Exercise of Deriv- Beneficial (Instr. 4) Date (Instr. 4) Price of ative Ownership (Month/Day/Year) Deriv- Security: (Instr. 5) ative Direct (D) or Security Indirect (I) (Instr. 5)
Date Expira- Title Amount or Exer- tion Number of cisable Date Shares 8.75% Convertible 6/20/97 None Common Stock, 457,142 $21.875 per I (FN2) (2) Preferred Stock, par value (1) (2) share Series 1996A $0.0001 per share 8.75% Convertible 9/20/97 None Common Stock, 457,143 $21.875 per I (FN2) (2) Preferred Stock, par value (1) (2) share Series 1996A $0.0001 per share 8.75% Convertible 12/20/97 None Common Stock, 457,143 $21.875 per I (FN2) (2) Preferred Stock, par value (1) (2) share Series 1996A $0.0001 per share 8.75% Convertible 3/20/98 None Common Stock, 457,143 $21.875 per I (FN2) (2) Preferred Stock, par value (1) (2) share Series 1996A $0.0001 per share
Explanation of Responses: (1) - (2) SEE Attachment A. /s/ William H. Walton III 3/30/98 - - --------------------------------- ------- FN**Signature of Reporting Person Date ** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. Note: File three copies of this Form, one of which must be manually signed. If space insufficient, SEE Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number. Page 2 of 3 SEC 1473 (7-97) FORM 3 (continued) Name and Address of Reporting Person: William H. Walton III 599 Lexington Avenue, Suite 3800 New York, New York 10022 Date of Event Requiring Statement: 3/20/98 Issuer Name and Ticker symbol: Essex Property Trust, Inc. - ESS ATTACHMENT A ------------ (1) Westbrook Real Estate Fund I, L.P. ("WREF I"), an affiliate of the reporting person, is the direct owner of shares of the convertible security which are convertible into 1,640,349 shares of the registered security (the "WREF I Conversion Shares"). Westbrook Real Estate Co-Investment Partnership I, L.P. ("WRECIP I"), which may be deemed to be an affiliate of the reporting person, is the direct owner of shares of the convertible security wihch are convertible into 188,221 shares of the registered security (the "WRECIP I Conversion Shares"). The reporting person may be deemed to have the shared power to vote or direct the vote with respect to, and to dispose or direct the disposition of, the WREF I Conversion Shares and the WRECIP I Conversion Shares. The reporting person disclaims beneficial interest in the WREF I Conversion Shares and the WRECIP I Conversion Shares. (2) The reporting person is a managing member of Westbrook Real Estate Partners, L.L.C. ("WREP"), which is the sole managing member of Westbrook Real Estate Partners Management I, L.L.C. ("WREM I"), which is the sole general partner of each of WREF I and WRECIP I. WREP may be deemed to have a pecuniary interst ranging from 1% to 20% in the WREF I Conversion Shares and the WRECIP I Conversion Shares. The reporting person disclaims pecuniary interest in and beneficial ownership of the WREF I Conversion Shares and the WRECIP I Conversion Shares. Page 3 of 3 SEC 1473 (7-97) -----END PRIVACY-ENHANCED MESSAGE-----