-----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, QcdvguhWakIKJjs5ZCLJd+GbYQjxW/xX3lJJPSQpzc1fIkxlN88+gKO9DDhz/7rm X+0P/tePYMe/SRNi4HzJzw== 0000920522-10-000019.txt : 20100520 0000920522-10-000019.hdr.sgml : 20100520 20100520180401 ACCESSION NUMBER: 0000920522-10-000019 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100518 FILED AS OF DATE: 20100520 DATE AS OF CHANGE: 20100520 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Burkart John F. CENTRAL INDEX KEY: 0001492460 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 001-13106 FILM NUMBER: 10848894 MAIL ADDRESS: STREET 1: C/O ESSEX PROPERTY TRUST INC. STREET 2: 925 EAST MEADOW DRIVE CITY: PALO ALTO STATE: CA ZIP: 94303 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: ESSEX PROPERTY TRUST INC CENTRAL INDEX KEY: 0000920522 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 770369576 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 925 EAST MEADOW DR CITY: PALO ALTO STATE: CA ZIP: 94303 BUSINESS PHONE: 6504943700 MAIL ADDRESS: STREET 1: 925 EAST MEADOW DRIVE CITY: PALO ALTO STATE: CA ZIP: 94303 3 1 primary_doc.xml PRIMARY DOCUMENT X0203 3 2010-05-18 0 0000920522 ESSEX PROPERTY TRUST INC ESS 0001492460 Burkart John F. C/O ESSEX PROPERTY TRUST INC. 925 EAST MEADOW DRIVE PALO ALTO CA 94303 0 1 0 0 Executive Vice President Common Stock 10 D Common Stock 12574 D Series Z-1 Incentive Units 1 Series Z Unit Incentive 3655 D Series Z-1 Incentive Units 1 Series Z Unit Incentive 4706 D Series Z Incentive Units 1 Series Z Unit Incentive 1470 D Represents the grant of Series Z-1 Incentive Units pursuant to the Essex Portfolio, L.P. Long Term Incentive Plan issued in March 2004.The conversion ratchet percentage, initially set at 20% will increase by up to 10% on January 1 of each year for each holder of Series Z-1 Incentive Units who remains employed by Essex Property Trust, Inc. and has met a specified 'funds from operations' per share target or other criteria established by the Compensation Committee, for the prior year, up to the maximum Conversion Ratchet Percentage of 100%. These Units have no expiration date. Represents the grant of Series Z-1 Incentive Units pursuant to the Essex Portfolio, L.P. Long Term Incentive Plan issued in December 2005. The conversion ratchet percentage, initially set at 20% will increase by up to 10% on January 1 of each year for each holder of Series Z-1 Incentive Units who remains employed by Essex Property Trust, Inc. and has met a specified 'funds from operations' per share target or other criteria established by the Compensation Committee, for the prior year, up to the maximum Conversion Ratchet Percentage of 100%. These Units have no expiration date. Represents the grant of Series Z Incentive Units pursuant to the Essex Portfolio, L.P. Long Term Incentive Plan issued in June 2001. The conversion ratchet percentage, initially set at 20% will increase by up to 10% on January 1 of each year for each holder of Series Z Incentive Units who remains employed by Essex Property Trust, Inc. and has met a specified 'funds from operations' per share target or other criteria established by the Compensation Committee, for the prior year, up to the maximum Conversion Ratchet Percentage of 100%. These Units have no expiration date. The reporting person exchanged 12,574 series Z incentive units of Essex Portfolio, L.P. ('EPLP') into 12,574 limited partnership units of EPLP and in turn exchanged such units into 12,574 shares of the issuer. The issuer is the general partner of EPLP. Common units of EPLP have no set expiration date. All of the common stock issued is subject to liquidity restrictions and cannot be sold, transferred or margined until after January 1, 2011. A capital contribution of $1.00 per series Z & Z-1 Incentive Units. Michael T. Dance (Attorney-in-Fact) 2010-05-18 -----END PRIVACY-ENHANCED MESSAGE-----